Europe Forex - Markets - Business Recorder

Forex

Sterling slips from recent highs as rate hike rally steadies

LONDON: The pound slid against the euro and edged down slightly against the dollar on Thursday as traders assessed...

Published 18 Nov, 2021 08:32pm

Europe Forex

Euro rebounds off 16-month low as dollar surge pauses

LONDON: The euro rebounded on Thursday away from 16-month lows versus the dollar as traders assessed whether the ...

Published 18 Nov, 2021 05:37pm

Forex

Sterling rises after UK jobs rise eases BoE's worries

LONDON: The pound rose on Tuesday as traders bet some of the Bank of England's concerns about the risks of raising...

Updated 16 Nov, 2021 09:20pm

Forex

Rouble falls past 73 vs dollar as geopolitical woes mount

MOSCOW: The Russian rouble fell past 73 versus the dollar on Tuesday, taking a hit from mounting geopolitical...

Published 16 Nov, 2021 06:47pm

Forex

Euro extends losses to new 16-month low; Bitcoin falls below $60,000

LONDON: The euro fell to a new 16-month low versus the dollar on Tuesday, while Asian currencies gave up their gains...

Published 16 Nov, 2021 06:17pm

Forex

Dollar near 16-month high versus euro ahead of US retail sales data

LONDON: The dollar held just below a 16-month high versus the euro on Tuesday, while the yuan reached its strongest...

Published 16 Nov, 2021 05:07pm

Forex

Sterling steady as investors focus on Brexit impasse over N. Ireland

LONDON: The pound was steady in early trading on Monday, lagging behind other risk-related currencies, as investors...

Updated 15 Nov, 2021 03:18pm

Forex

Rouble recovers from steep losses, stocks up

MOSCOW: The Russian rouble firmed on Monday, recovering from a steep drop on Friday that was driven by concerns over...

Updated 15 Nov, 2021 02:08pm

Financial

Russian rouble firms vs dollar to strongest level since early March

 Oil prices rose on Thursday, erasing earlier losses, on signs US gasoline demand is rising despite a big surprise b

Published 28 May, 2020 08:57pm

Financial

Euro creeps higher on EU recovery fund optimism

 Under the proposal, the EU Commission will disburse two-thirds of the funds in grants and the rest in loans to cush

Published 28 May, 2020 10:30am

Financial

Rouble steady as central bank support offsets low oil prices

 The rouble was nearly flat against the dollar at 71.06 and had lost 0.1pc to trade at 78.22 versus the euro. 
 T

Published 28 May, 2020 10:16am

Financial

Rouble dragged down by lower oil prices

 The rouble was 0.6pc weaker against the dollar at 71.22 and had lost 0.7pc to trade at 78.29 versus the euro.

Published 27 May, 2020 03:03pm

Financial

Sterling falls as concerns persist over negative rates, Brexit

 The pound was last down 0.7pc at $1.2253, losing nearly all Tuesday's gains. It dropped 0.7pc versus the euro to 89

Published 27 May, 2020 02:59pm

Financial

Euro rallies on EU recovery fund proposals, yuan falls

 The euro rose as high as $1.1031 before falling to $1.1017, still up 0.3pc. 
 The dollar, previously higher agai

Published 27 May, 2020 01:37pm

Financial

Dollar gains and yuan hits 9-month low as US-China tensions return

 The US currency had fallen sharply on Tuesday as strong risk appetite encouraged investors into riskier currencies,

Published 27 May, 2020 11:40am

Financial

Rouble slips on risk-off sentiment, bond auctions in focus

 The rouble was 0.5pc weaker against the dollar at 71.16 and had lost 0.3pc to trade at 78.03 versus the euro.

Published 27 May, 2020 11:25am

Financial

Sterling retreats as concern over negative rates lingers

 Bank of England Chief Economist Andy Haldane on Tuesday played down the prospect of imminently taking rates into ne

Published 27 May, 2020 11:17am

Financial

Russian rouble firms on rise in oil and risk sentiment

 The rouble was 0.8pc stronger against the dollar at 71.08 and had gained 0.5pc to trade at 77.72 versus the euro.

Published 26 May, 2020 11:31am

Financial

Euro, riskier currencies buoyed as investor sentiment improves

 The moves, however, lacked the exuberance of the equities market as Sino-US tensions kept the mood in check. 
 T

Published 26 May, 2020 11:12am

Financial

Sterling rises versus weaker dollar; UK sets out plans to re-open shops

 Against a weaker dollar, the pound was last at a six-day high of $1.2265, up 0.6% since New York's close. 
 The

Published 26 May, 2020 11:03am

Financial

Russian rouble falls on oil price slide and risk aversion

The rouble was 1.3pc weaker against the dollar at 71.89, stepping away from its strongest level since early March o

Published 22 May, 2020 10:06am

Financial

Sterling tumbles on record-low retail data, trade tensions

A drop in inflation fuelled speculation this week that the Bank of England might cut interest rates below zero.

Published 22 May, 2020 09:37am

Financial

Euro set for a fifth consecutive day of gains as optimism builds

The latest economic data again showed the devastating impact of the coronavirus on the euro zone economy but did no

Published 21 May, 2020 03:33pm

Financial

Sterling edges lower as BoE mulls sub-zero rates, PMI data

A drop in inflation fuelled speculation this week that the Bank of England might cut interest rates below zero to b

Published 21 May, 2020 11:28am

Financial

Sterling steady vs dollar, weak vs euro as low UK inflation weighs

The drop in inflation fuelled speculation that the Bank of England (BoE) would cut interest rates below zero to bol

Published 20 May, 2020 04:19pm

Financial

Euro gains on EU common fund proposal; dollar slips

The euro inched up 0.18pc to $1.0945, near a two-week peak of $1.09755 reached on Tuesday. The euro's gains pu

Published 20 May, 2020 10:30am

Financial

Rouble steady before OFZ bond auctions

At 0726 GMT, the rouble was unchanged against the dollar at 72.44 and was flat versus the euro at 79.25. The f

Published 20 May, 2020 10:22am

Financial

Sterling inches lower as UK inflation sinks below 1pc

The pound fell, albeit modestly as the data was broadly in line with economists' expectations. It was last dow

Published 20 May, 2020 09:29am

Financial

Brexit risks and talk of negative rates limit the pound's recovery

The pound's overnight strengthening was small compared with its recent downward trajectory. It is the worst perform

Published 19 May, 2020 04:39pm

Financial

Euro, Italian bonds cheer EU recovery fund plan

MSCI all-country world stocks index at highest since May 1 Euro hovers near 2-week highs, yen weakens against

Published 19 May, 2020 12:44pm

Financial

Dollar firm amid optimism over economic reopening; Norway's crown jumps

"Markets are quietly risk-on overnight," said Adam Cole, chief currency strategist at RBC Capital Markets. The

Published 18 May, 2020 03:18pm

Financial

Currency market liquidity on the rebound, data providers say

Trading volumes in emerging market currencies "are not faring as well", however, and remain at about 45% of pre-cri

Published 18 May, 2020 03:13pm

Financial

Sterling edges lower as Britain serves ultimatum on EU

On top of that, the EU's Brexit negotiator Michel Barnier said that the third round of talks was disappointing.

Published 15 May, 2020 04:43pm

Financial

Russian rouble steady as OFZ bonds prices soar to record highs

Russia's central bank would cut its key interest rate imminently have pushed the yield on the benchmark 10-year OFZ

Published 15 May, 2020 04:29pm

Financial

Sterling recovers against dollar but falls versus euro

Greece, France, Spain, Portugal and Italy have all set out plans to ease lockdown measures in the past few days, bo

Published 29 Apr, 2020 03:17pm

Financial

Russian rouble climbs 1pc after central bank rate cut

Brent crude oil, a global benchmark for Russia's main export, was up 3.8% at $22.12 a barrel. Foreign investor

Published 24 Apr, 2020 12:44pm

Financial

Dollar edges up as overnight optimism proves short-lived; euro falls

The euro has fallen nearly 2pc against the dollar already this month, facing its biggest monthly fall since July la

Published 17 Apr, 2020 12:48pm

Financial

Dollar perched at 1-week highs before US jobless data

Economists forecast US weekly jobless claims of 5.1 million, lifting total filings during the crisis above 20 milli

Published 16 Apr, 2020 01:29pm

Financial

Sterling slips against stronger dollar ahead of UK lockdown extension

Versus a stronger dollar, the pound was down 0.2pc at $1.2487. It fell slightly against the euro, to 87.20 pence.

Published 16 Apr, 2020 01:23pm

Financial

Russian rouble rebounds past 74 to the dollar as oil prices rise

The rouble was 1.1pc stronger against the dollar at 73.97, after losing more than 2pc in the previous trading sessi

Published 16 Apr, 2020 12:37pm

Financial

Rouble, stocks down as oil falls again; OFZ bond auctions in focus

The rouble was down 0.8pc against the dollar at 73.55, after gaining steadily since late March as it recovered from

Published 15 Apr, 2020 01:27pm

Financial

Sterling slips from 1-month highs on broadly resurgent dollar

Versus a broadly firmer dollar, the pound was down as much as 0.9pc, at $1.2514, erasing Tuesday's gains. Brit

Published 15 Apr, 2020 01:15pm

Financial

Dollar set to snap losing streak on growing virus fallout

The US dollar had weakened in the previous four consecutive sessions on cautious optimism that lockdowns were slowi

Published 15 Apr, 2020 11:38am

Financial

Russian rouble lifted by Chinese trade data

The rouble was 0.4pc stronger against the dollar at 73.34 and had gained 0.2pc to trade at 80.14 versus the euro

Published 14 Apr, 2020 11:20am

Financial

Dollar slips as Chinese data improves

The Australian dollar rose to a more than one-month high of 0.6432 per US dollar and was last up 0.5pc. Sterli

Published 14 Apr, 2020 11:18am

Financial

Sterling rises to one-month highs versus dollar, euro

The euro had been hurt by indecision among euro zone governments on an emergency economic package, although a compr

Published 14 Apr, 2020 11:13am

Financial

Russian rouble firms after OPEC+ oil supply deal

The rouble was up 0.3pc against the dollar at 73.51, moving away from a four-year low of 81.97 hit in mid-March.

Published 13 Apr, 2020 02:10pm

Financial

Rouble up after OPEC+ deal to cut output, cenbank governor in focus

The rouble was 0.5pc stronger against the dollar at 73.96, moving away from its weakest level since early 2016 of 8

Published 10 Apr, 2020 02:18pm

Financial

Russian rouble soars to three-week high ahead of OPEC+ meeting

Brent crude oil, a global benchmark for Russia's main export, was up 4.5% at $34.3 a barrel. Foreign investo

Published 09 Apr, 2020 12:30pm

Financial

Pound rises to one-week highs before US data

The BoE said any government borrowing from its Ways and Means facility would be repaid by the end of the year.

Published 09 Apr, 2020 12:29pm

Financial

Forint keeps leading FX gains; zloty down after rate cut

"A wider interest rate corridor allows the central bank's flexibility in controlling the short end of the yield cu

Published 09 Apr, 2020 12:27pm

Financial

Dollar steadies ahead of US jobs data

Economists have forecast weekly US jobless claims of 5.25 million, which would mean claims over just three weeks of

Published 09 Apr, 2020 11:52am

Financial

Dollar firms on rising coronavirus crisis worries

The euro among was the main loser at the greenback's expense, a day after the dollar suffered its worst drop agains

Published 08 Apr, 2020 02:05pm

Financial

Dollar falls, riskier currencies rally on virus lockdown hopes

The dollar was last down 0.6pc versus a basket of currencies , mirroring improved risk sentiment across equity mark

Published 07 Apr, 2020 01:18pm

Financial

Dollar borrowing costs drop to lowest in decade in FX swap markets

These moves indicate recent emergency actions by global central banks have managed to squelch a growing dollar shor

Published 06 Apr, 2020 02:22pm

Financial

Rouble firms on hopes for global oil deal, stocks up

The rouble was 0.1pc stronger against the dollar at 76.38, having briefly hit 76.05, its highest since March 18.

Published 06 Apr, 2020 02:11pm

Financial

Sterling recovers as PM Johnson expected back at his office ‘shortly’

The bounce back came after housing minister Robert Jenrick said Johnson was "doing well" and was expected to be bac

Published 06 Apr, 2020 01:27pm

Financial

Rouble edges up on oil price surge, lockdown concerns in focus

The rouble was up 0.4pc against the dollar at 77.01 and had gained 0.9pc to trade at 83.14 versus the euro. Br

Published 03 Apr, 2020 04:37pm

Financial

Sterling drops as British firms suffer record slump

Sterling was last down 1.5pc at $1.2205, having fallen earlier to its weakest level since Tuesday at $1.2243.

Published 03 Apr, 2020 04:34pm

Financial

Dollar resumes climb as investors bid for safety

Analysts said the euro may also be faltering due to rebalancing by forex reserve managers stocking up on dollars.

Published 03 Apr, 2020 02:00pm

Financial

Dollar maintains gains after weeks of rallying

The euro traded down 0.4pc at $1.0916 as the dollar advanced. The greenback also rose against the Japanese yen

Published 02 Apr, 2020 01:03pm

Financial

Sterling hits 3-week high vs euro, gains on the dollar

The pound was supported by improved risk sentiment on markets, fuelled by rebounding oil prices. Sterling was

Published 02 Apr, 2020 11:29am

Financial

Dollar rallies as investors brace for global downturn

The dollar's status as the world's reserve currency makes it a natural safe haven, as evidence builds of a massive

Published 01 Apr, 2020 02:13pm

Financial

Dollar surges on quarter-end flows; outlook robust

The Chinese yuan was the only currency to buck the trend, holding firm against the dollar in both the onshore and t

Published 31 Mar, 2020 12:46pm

Financial

Rouble falls towards 80 vs dollar as oil drop bites, economic outlook worsens

The rouble had shed 0.6pc of its value against the dollar to 79.39, moving closer to the 81.97 hit earlier this mon

Published 30 Mar, 2020 03:41pm

Financial

Dollar snaps losing streak as jittery investors stick with safety

China's offshore yuan fell after the Chinese central bank cut a key interbank interest rate. The dollar index

Published 30 Mar, 2020 03:03pm

Financial

Dollar on track for biggest weekly fall in a decade

The dollar had been riding high in March amid a drive for dollars by investors trying to get their hands on the wor

Published 27 Mar, 2020 11:57am

Financial

Russian rouble slides with falling oil ahead of U.S jobless data

The rouble was 0.3pc weaker against the dollar at 78.49 and had lost 0.9pc to trade at 85.84 versus the euro.

Published 26 Mar, 2020 01:55pm

Financial

Dollar slips ahead of expected surge in US jobless claims due to coronavirus

The dollar shed 0.6pc of its value against the euro to trade at $1.0947, having earlier touched a one-week low of $

Published 26 Mar, 2020 11:44am

Financial

Sterling extends gains vs dollar ahead of BoE meeting

The BoE, which made two emergency rate cuts and ramped up its bond-buying programme this month, publishes its lates

Published 26 Mar, 2020 11:41am

Financial

Sterling jumps on dollar weakness, equities rally

The pound was last trading up 1.4pc at $1.1936, having hit earlier a one-week high of $1.1971. Against the eur

Published 25 Mar, 2020 12:31pm

Financial

Dollar slips on $2 trillion US plan, 'riskier' currencies gain

The export-exposed Australian dollar and Norwegian crown made sharp gains, while sterling also rallied from the low

Published 25 Mar, 2020 12:26pm

Financial

Rouble up from 4-yr lows, stocks gain as oil recovers

The rouble was 0.9pc stronger against the dollar at 78.88, trading near its weakest since late January 2016 of 81.9

Published 24 Mar, 2020 12:57pm

Financial

Dollar falls for a second day on Fed stimulus

Against a basket of its rivals, the dollar fell 0.5pc to 101.52, down more than 1pc from Monday's highs and having

Published 24 Mar, 2020 12:47pm

Financial

Battered sterling wins a respite for time being

Sterling was last up 1.6pc on the day at $1.1737 - having briefly touched a 35-year low of $1.1413 last week.

Published 24 Mar, 2020 10:58am

Financial

Sterling takes another tumble as investors seek safety in dollars

Sterling has been under pressure because of a massive wave of selling of most currencies other than the dollar.

Published 23 Mar, 2020 10:29am

Financial

Dollar slows, but FX swaps signal funding pressures remain

The U.S. dollar is up about 3.5pc against a basket of currencies through a week when investors have liquidated ever

Published 20 Mar, 2020 12:55pm

Financial

Sterling climbs off 1985 lows as markets rebound

The pound whipsawed from a fresh low of $1.1413 versus the dollar in Asian trading hours overnight. The Britis

Published 20 Mar, 2020 12:23pm

Financial

Rouble pares gains as Russian central bank keeps key rate unchanged

The rouble was flat against the dollar at 79.15, after strengthening to 77.41 earlier in the day, and had lost 0.3p

Published 20 Mar, 2020 11:29am

Financial

British pound dives over 4pc against dollar

The pound meanwhile slid 2.6 percent against the euro, with the single currency trading at 93.58 pence. LONDO

Published 18 Mar, 2020 06:27pm

Financial

Euro-dollar volatility surges to one-year high amid big FX moves

Euro-dollar implied vol highest since Jan 2019 Yen regains safe-haven credentials, up 0.8% Aussie, Norweg

Published 28 Feb, 2020 12:27pm

Financial

Dollar retreat lifts pound above $1.30 first time in almost a week

On Tuesday, however, the main driver of the pound was a tentative recovery in risk appetite following Monday's sign

Published 25 Feb, 2020 10:15pm

Financial

Pound hugs $1.30 as impact of above-forecast inflation data fades

The pound firmed after the data to a session high of $1.3023, up 0.2pc on the day, before slipping back to $1.2984.

Published 19 Feb, 2020 02:33pm

Financial

Yen hits 9-month low as slowing virus case count, stimulus hopes boost risk appetite

China posted the lowest daily rise in new coronavirus cases since Jan. 29, helping to lift the off-shore traded yua

Published 19 Feb, 2020 02:22pm

Financial

Rouble firms on virus lull, Rosneft rebounds after U.S. sanctions

The rouble was 0.2pc stronger against the dollar at 63.69 and was up 0.1pc against the euro to trade at 68.76.

Published 19 Feb, 2020 10:52am

Financial

Euro climbs back above $1.08, volatility spikes

The euro has fallen 3.6pc to the dollar this year, as Europe's economic data has deteriorated while that of the Uni

Published 19 Feb, 2020 10:23am

Financial

Euro drops against dollar after bleak German investor survey

The euro traded down 0.1pc at $1.0830, close to its lowest since April 2017. The Australian dollar fell 0.5pc

Published 18 Feb, 2020 01:51pm

Financial

Pound pushes past $1.30 after Sunak says UK budget due on March 11

The pound, earlier down against both the dollar and the euro on conflicting views put forth by Britain and the Euro

Published 18 Feb, 2020 01:16pm

Financial

Rouble dips on fears of coronavirus economic impact

The rouble was 0.5pc weaker against the dollar at 63.79 and also 0.5pc weaker against the euro at 69.10. The d

Published 18 Feb, 2020 11:10am

Financial

Euro drops against dollar before Germany's ZEW survey

The euro traded down 0.1pc at $1.0826, close to its lowest since April 2017. The Australian dollar fell 0.5pc

Published 18 Feb, 2020 10:06am

Financial

Rouble firms on Chinese measures to support economy

The rouble was 0.4pc stronger against the dollar at 63.33. Against the euro, the currency firmed 0.4pc to trade at

Published 17 Feb, 2020 11:07am

Financial

Euro struggles near 3-year lows on economic worries

The euro nudged higher to $1.0845 in early trading but had earlier touched $1.0817, its weakest since mid-2017.

Published 17 Feb, 2020 10:38am

Financial

Sterling maintains gains amid expectations government will spend more

Johnson wants to increase spending on everything from infrastructure and police to health and education. The p

Published 17 Feb, 2020 10:21am

Financial

Pound set for biggest weekly gain in 2 months on change of finance minister

The pound was broadly steady on Friday to $1.3023, retaining most of its gains from Thursday's move. The Briti

Published 14 Feb, 2020 03:09pm

Financial

Euro drops to new low as GDP data confirm weak growth

The euro has lost close to 1pc so far this week and is on track for its worst two-week performance since mid-2018.

Published 14 Feb, 2020 01:45pm

Financial

Russian rouble gains as virus death toll slows

The rouble was up 0.3pc against the dollar at 63.43 and had also gained 0.3pc to trade at 68.76 versus the euro.

Published 14 Feb, 2020 11:25am

Financial

Euro skids to new low ahead of GDP data, dollar shines

The euro fell to $1.0827 overnight before settling at $1.0841, down marginally on the day. The yen edged up to

Published 14 Feb, 2020 11:15am

Financial

Sterling consolidates gains after change of UK finance minister

The pound rose marginally on Friday to $1.3048, retaining most of its gains from Thursday's move. It had trade

Published 14 Feb, 2020 11:01am

Financial

Rouble slips on fresh coronavirus concerns

The rouble was 0.7pc weaker against the US dollar at 63.62 and had lost 0.6pc to trade at 69.16 versus the euro.

Published 13 Feb, 2020 10:22am

Financial

Euro plunges against Swiss franc as China virus cases soar

The euro dipped to 1.0622 francs, below its 2016, trough of 1.0623 and its lowest level since August 2015. It last

Published 13 Feb, 2020 09:44am

Financial

Rouble extends gains as oil prices rise and risk sentiment grows

The rouble was 0.6pc stronger against the dollar at 62.99 and had gained 0.7pc to trade at 68.73 versus the euro.

Published 12 Feb, 2020 12:44pm

Financial

Dollar near four-month high on hopes virus is stabilising

The slowdown in the number of new cases encouraged investors to resume seeking yields. The Norwegian crown has

Published 12 Feb, 2020 12:38pm

Financial

Rouble rises from 10-week low on hint of virus easing

The rouble was 0.2pc stronger against the dollar at 64.01, pulling away from Monday's 10-week low. Brent crude

Published 11 Feb, 2020 11:35am

Financial

Dollar perched at 4-month highs as yield-seeking strategies bloom

The dollar rose 0.01pc to 98.91, its highest level since early October and less than 1pc away from a 2019, high of

Published 11 Feb, 2020 11:13am

Financial

Sterling close to 2020 lows as Brexit uncertainty lingers, 4Q GDP data on radar

Sterling was last trading just above $1.29, close to the 2-1/2-month low of $1.2873 it fell to on Monday. The

Published 11 Feb, 2020 11:04am

Financial

Volatile rouble rebounds from two-month low

The rouble was 0.6pc stronger against the dollar at 63.74 and had gained 0.51pc to trade at 69.8 versus the euro.

Published 10 Feb, 2020 01:27pm

Financial

Sterling dips to 2-1/2 month low vs firmer dollar

British economic growth and industrial production data released on Tuesday, could provide the next steer for sterli

Published 10 Feb, 2020 12:38pm

Financial

US dollar strengthens as traders see resilient US economy

The Australian dollar rose 0.3pc to 0.6694 per U.S. dollar, pulling away from a decade-low touched earlier in the s

Published 10 Feb, 2020 11:08am

Financial

Russian rouble, stocks up ahead of central bank rate decision

The central bank's statement on its monetary policy plans that will accompany the rate decision will be the main fa

Published 07 Feb, 2020 11:06am

Financial

Euro falls to four-month low on weak German data; dollar gains

The offshore yuan was headed for a small gain this week, supported by central bank stimulus and China's announcemen

Published 07 Feb, 2020 10:47am

Financial

Sterling headed for worst week since after December election

Prime Minister Boris Johnson has said Britain will not obey the bloc's regulations, setting a hard stance on the up

Published 07 Feb, 2020 10:13am

Financial

Aussie gains for fourth day on China tariff news; yuan up

The U.S. dollar gained 0.1pc to $1.2985 per pound. It was trading just below a two-month high against the euro at $

Published 06 Feb, 2020 12:20pm

Financial

Sterling struggles as EU trade talk fears weigh on sentiment

The dollar on Wednesday surged across the board after better-than-expected employment data underlined the relative

Published 06 Feb, 2020 12:17pm

Financial

Rouble steadies ahead of bond auctions, FX purchase plan

The Russian currency hit two-month lows against the greenback on Monday due to a fall in global risk appetite follo

Published 05 Feb, 2020 10:49am

Financial

Dollar up for a 3rd day but yen firm on China virus fears

The yen remained supported, with the Japanese currency rising 0.2pc to 109.30 against the dollar. The Chinese

Published 05 Feb, 2020 10:40am

Financial

Sterling maintains some strength before UK services PMI

Johnson said Britain would not adhere to EU rules and regulations, sending sterling to a six-week low on Tuesday.

Published 05 Feb, 2020 10:01am

Financial

Sterling extends fall, nears 6-week low vs dollar

The pound was down 0.4pc at $1.2945, its lowest since Dec. 25. It fell by 0.3pc versus the euro at 85.35 pence

Published 04 Feb, 2020 09:39am

Financial

Pound sinks against dollar on Brexit trade deal fears

Sterling slid one percent versus the dollar on Monday, hit by worries over post-Brexit trade deal negotiations foll

Published 03 Feb, 2020 11:50am

Financial

Rouble weakens beyond 64 vs dollar over virus concerns

The rouble was 0.2pc weaker against the dollar at 64.04, a level last seen in early December. Brent crude oil,

Published 03 Feb, 2020 11:35am

Financial

Safe-haven yen, Swiss franc dip as risk sentiment recovers

Chinese markets took a beating in the first trading session after an extended Lunar New Year break. The yen fe

Published 03 Feb, 2020 11:21am

Financial

Pound hit by renewed hard Brexit fears after Johnson's tough talk

The pound was down 0.8pc at $1.3105 while against the euro it had fallen 0.5pc to 84.43 pence. The dollar has

Published 03 Feb, 2020 10:44am

Financial

Rouble recovers from 7-week lows, with an eye on oil and China virus

The rouble was 0.2pc stronger against the dollar at 63.14, having stepped away from its weakest level since Dec. 11

Published 31 Jan, 2020 01:30pm

Financial

China's yuan finds its feet on WHO confidence, Aussie extends slide

The yen and Swiss franc weakened slightly, suggesting a slightly better mood among investors on Friday. The de

Published 31 Jan, 2020 11:38am

Financial

Sterling extends gains after BoE keeps rates on hold

Risk reversals and implied volatility gauges for the pound signalled calm over the next few months, with both indic

Published 31 Jan, 2020 11:02am

Financial

Russian rouble, stocks fall again on China virus concerns

The rouble was 0.9pc weaker against the dollar at 63.11, after touching its weakest since Dec. 12 of 63.16. Th

Published 30 Jan, 2020 11:47am

Financial

Yen, franc gains on China virus fears; yuan tumbles

The dollar is the best performing currency among G10 currencies in January, with the dollar index rising 1.6pc so f

Published 30 Jan, 2020 11:29am

Financial

Sterling falls before knife-edge BoE rate decision

Britain's economy struggled at the end of 2019, prompting several policymakers to say this month they would vote fo

Published 30 Jan, 2020 10:33am

Financial

Russian rouble down slightly after end of tax period

The rouble was 0.2pc weaker against the dollar at 62.44 and down 0.1pc at 68.71 versus the euro. The dollar-de

Published 29 Jan, 2020 12:03pm

Financial

Dollar holds gains as investors assess damage from Chinese virus

The dollar index was last up 0.1pc at 98.089, while the euro was down 0.2pc versus the U.S. currency at $1.1002.

Published 29 Jan, 2020 11:35am

Financial

Sterling in sight of weekly low a day before rates decision

The pound fell 0.1pc against the U.S. dollar in early London trade at $1.3012. The British government said it

Published 29 Jan, 2020 11:10am

Financial

Russian rouble, stocks pare losses caused by outbreak of Chinese virus

The rouble was up 0.3pc at 62.80 against the dollar at 0731 GMT, heading away from the 63.12 it hit on Monday.

Published 28 Jan, 2020 11:34am

Financial

Dollar perched at 8-week highs as virus fears linger; Fed eyed

Currency markets were subdued in early London trading as a two-day U.S. Federal Reserve meeting kicks off later on

Published 28 Jan, 2020 11:19am

Financial

Sterling at one-week lows on Brexit concerns, BoE nerves

Sterling was last down 0.35% at $1.3007, a one-week low. The British currency was a third of a percent weaker

Published 28 Jan, 2020 10:37am

Financial

Falling oil prices, Chinese virus send Russian rouble to 3-week lows

The rouble was 0.3pc weaker against the dollar at 62.24 after hitting its weakest level since Jan. 6 of 62.36.

Published 27 Jan, 2020 11:06am

Financial

Yuan and commodity-linked currencies dive as Chinese virus fears grow

The yen, frequently viewed as a safe haven, was the main beneficiary, although the move was contained. The off

Published 27 Jan, 2020 10:55am

Financial

Sterling steadies ahead of knife-edge BoE rate decision

Sterling was steady at $1.3077 , holding below a more than two-week high touched briefly on Friday at $1.3180.

Published 27 Jan, 2020 10:42am

Financial

Euro near seven-week lows before PMI data release

The dollar index held at 97.717 and was on track for a third consecutive week of gains. The Australian dollar

Published 24 Jan, 2020 11:21am

Financial

Rouble firms on tax payment support, recovering oil price

The rouble was 0.2pc stronger against the dollar at 61.81 and had gained 0.2pc to trade at 68.27 versus the euro.

Published 24 Jan, 2020 11:15am

Financial

Pound briefly bounces after better than expected survey data

Sterling rose as much as 0.3pc to $1.3180 before erasing those gains. It was last flat on the day at $1.3125.

Published 24 Jan, 2020 10:39am

Financial

Sterling cements rebound as BoE rate cut hangs in the balance

The British pound held on to its recent recovery on Thursday. Sterling slipped 0.1% to $1.3128 in early London

Published 23 Jan, 2020 09:49am

Financial

Rouble firms after Russia forms new government, bond auctions in view

China's efforts to contain the outbreak of a new strain of the coronavirus also lifted appetite for riskier assets.

Published 22 Jan, 2020 11:46am

Financial

Sterling firms to near two-week high vs euro as rate-cut talk abates

Data on Tuesday showed the British economy created jobs at its strongest rate in nearly a year in the three months

Published 22 Jan, 2020 11:38am

Financial

Euro at one-month lows before ECB meeting; yuan fragile

The dollar, the euro was weaker at $1.1077 , its lowest since Dec. 25. It has weakened more than 1pc so far this mo

Published 22 Jan, 2020 11:29am

Financial

Sterling rallies after UK jobs growth weakens case for rate cut

The pound rose as much as 0.3pc to $1.3050, up from around $1.3010 before the data was released. Purchasing Ma

Published 21 Jan, 2020 01:24pm

Financial

Yuan slips, yen gains as spread of China virus unnerves markets

China reported a fourth death from a new coronavirus as the number of cases continued to rise. The yuan fell a

Published 21 Jan, 2020 01:00pm

Financial

Dollar holds firm after strong U.S. data, Chinese yuan extends run

The strength in the United States comes as European economic data points in the opposite direction. The dollar

Published 20 Jan, 2020 11:33am

Financial

Pound reverses gains after bleak British retail sales

A raft of Bank of England policymakers this week, including outgoing Governor Mark Carney, have signalled that a ra

Published 17 Jan, 2020 12:27pm

Financial

Russian rouble soars, stocks hit record highs after PM change

China's GDP growth slowed to its lowest since 1990 in 2019, but December data showed a surprising acceleration in i

Published 17 Jan, 2020 12:24pm

Financial

Swiss franc and yen retreat from highs hit after Iran strike

The Japanese yen jumped to three-month highs against the dollar after the attack before retreating News that I

Published 08 Jan, 2020 12:43pm

Financial

Sterling rebounds on business surveys, weaker dollar

"We've got some better than expected PMIs, but some of it (the move higher in sterling) has been sentiment-driven,"

Published 06 Jan, 2020 04:24pm

Financial

Euro gains and sterling shines as growth optimism cheers investors

Dollar ends 2019 at 6-month low, losing ground vs rivals Euro at 4-1/2 month highs, Aussie, Kiwi at 5-month hi

Published 31 Dec, 2019 01:06pm

Financial

Euro sails to 4-1/2-month high on trade and growth prospects

The euro climbed as high as $1.1211, its strongest level since Aug. 13, before settling at $1.1192, up 0.2% on the

Published 30 Dec, 2019 01:05pm

Financial

Rouble firms, MOEX hits fresh high ahead of Putin press conference

The rouble was 0.1pc stronger against the dollar at 62.51, after falling on Wednesday evening, and had gained 0.1pc

Published 19 Dec, 2019 10:55am

Financial

Pound set for biggest losing streak in nearly 2 years on renewed Brexit fears

Investment bank JPMorgan sees an "uncomfortably high" 25pc chance of a no-deal Brexit. Money markets are prici

Published 18 Dec, 2019 04:00pm

Financial

Rouble falls on trade deal uncertainty, OFZ bonds in focus

The rouble was 0.3pc weaker against the dollar at 62.59, falling from the high of 62.15 reached on Friday. Yie

Published 18 Dec, 2019 01:44pm

Financial

Dollar firms versus major currencies ahead of Trump impeachment vote, German Ifo survey

The pound extended its slide on rekindled fears of a chaotic exit from the European Union. The dollar remained

Published 18 Dec, 2019 12:12pm

Financial

Sterling extends losses as traders weigh up new hard Brexit risk

Prime Minister Boris Johnson's government on Tuesday ruled out an extension to the December 2020. Johnson's Wi

Published 18 Dec, 2019 11:44am

Financial

Pound slumps as fears of hard Brexit resurface

The British currency fell 1.2% to $1.3155 and to 84.59 pence against the euro. A business survey on Monday sho

Published 17 Dec, 2019 03:14pm

Financial

Sterling slides on no-deal Brexit fears

Sterling sank Tuesday on no-deal Brexit fears after Prime Minister Boris Johnson appeared. Johnson won a big

Published 17 Dec, 2019 12:05pm

Financial

Rouble, stocks near multi-month highs after U.S-China trade deal

The rouble was 0.2pc stronger against the dollar at 62.80, heading towards the 62.15 level it briefly touched on Fr

Published 16 Dec, 2019 11:07am

Financial

Sterling rises on post-election optimism; short positions lowest since May

The pound rose by as much as 0.7pc versus a slightly weaker dollar in early London trading, last up 0.4pc at $1.337

Published 16 Dec, 2019 10:37am

Financial

Rouble steady ahead of U.S. sanctions vote, Fed rate decision

The rouble was 0.1pc weaker against the dollar at 63.57, hovering near a month high of 63.46 hit on Tuesday. A

Published 11 Dec, 2019 11:59am

Financial

Dollar grinds higher on hopes for tariff delay; Swedish crown surges

The dollar rose 0.2pc against a basket of currencies and 0.1pc versus the euro to $1.1080. The pound was last

Published 11 Dec, 2019 10:58am

Financial

Sterling slips after poll shows Conservative lead narrowing

The euro, it was down around 0.1pc at 84.355 pence, off Monday's 2-1/2 year high of 83.940 pence. The pound ha

Published 11 Dec, 2019 10:39am

Financial

Euro buoyed by stronger-than-expected German economic data

The dollar was little changed versus the safe-haven Japanese yen as investors remained wary of a deadline for US ta

Published 10 Dec, 2019 01:12pm

Financial

Sterling shrugs off weak GDP data, cements gains before election

Industrial output fell by 0.7pc in the three months to October and services grew by 0.2pc, its weakest increase sin

Published 10 Dec, 2019 12:03pm

Financial

Pound's rally gets fresh legs as latest polls fuel election optimism

Sterling rose to as high as $1.3180, its highest level in seven months and was last up 0.25pc on the day. The

Published 09 Dec, 2019 12:12pm

Financial

Rouble marginally up ahead of Russia-Ukraine peace summit

The rouble was 0.1pc up against the dollar at 63.73 and was slightly down versus the euro at 70.51. Brent crud

Published 09 Dec, 2019 12:04pm

Financial

Dollar holds ground as central bank meetings loom, pound jumps

The dollar changed hands at 108.52 yen. It had lifted to 108.92 yen on the US jobs data before losing momentum.

Published 09 Dec, 2019 11:29am

Financial

Dollar near one-month low after weak data, rally in pound and euro

The Canadian dollar traded at a near one-month high of 1.3203 per greenback. German industrial orders fell une

Published 05 Dec, 2019 10:57am

Financial

Sterling hits 2-1/2 year highs vs euro as pound bulls take charge

Sterling rose 0.3pc against the euro to 84.31 pence, its strongest level since May 2017. The pound also rose 0

Published 05 Dec, 2019 10:42am

Financial

Sterling jumps to 7-month high as investors bet on Conservative majority

Polls have consistently given Johnson's party a lead over the opposition Labour Party. The pound rallied 0.5pc

Published 04 Dec, 2019 11:52am

Financial

Rouble firms slightly after finance ministry's FX buying plan

The rouble was 0.1pc up against the dollar at 64.09 and was 0.3pc stronger versus the euro at 70.94. Russia's

Published 04 Dec, 2019 11:27am

Financial

Euro holds gains vs dollar hit by trade tariffs and weak data

The euro has recovered from a three-week low against the dollar of $1.0981 on Friday, moving as high as $1.1091.

Published 03 Dec, 2019 11:23am

Financial

Rouble firms slightly but gains capped with focus on U.S. tariffs

Russian stock indexes were mixed with the dollar-denominated RTS index stable at 1,432.3 points. Russia's fina

Published 03 Dec, 2019 11:20am

Financial

Sterling at 6-week highs on latest election poll, weak dollar

The pound rose 0.33pc to $1.2989 while it gained 0.3pc versus the euro to 85.35 pence. Sterling has gained mor

Published 03 Dec, 2019 11:09am

Financial

Sterling fall as the probability of a hung parliament grows

Sterling was last down 0.3pc at $1.2907. It was 0.2pc weaker at 85.34 pence against the euro. The final Britis

Published 02 Dec, 2019 12:43pm

Financial

Rouble eases in light trade, Gazprom shares firm after results

The rouble was 0.1pc weaker against the dollar at 64.10 at 0753 GMT. The tensions increase investors' global r

Published 29 Nov, 2019 11:36am

Financial

Euro hobbles near Nov lows as dollar takes comfort from Fed outlook, trade hopes

The US currency also gained from data showing the world's biggest economy is on a firm footing. Members of the

Published 29 Nov, 2019 11:23am

Financial

Sterling slips below $1.29; two-week volatility jumps

The pound slipped below $1.29 and against the euro it was flat at 85.350 pence. Sterling mostly held on to gai

Published 29 Nov, 2019 10:37am

Financial

Rouble slips after US signs Hong Kong legislation

The rouble was 0.2pc weaker against the dollar at 64.09 and had lost 0.3pc to trade at 70.53 versus the euro.

Published 28 Nov, 2019 01:24pm

Financial

Sterling touches near seven-month high against euro after YouGov poll

The opinion poll pushed sterling to its highest level against the euro since May 6, at 85 pence. It last traded fla

Published 28 Nov, 2019 01:03pm

Financial

Rouble steady ahead of bond auctions, stocks rebound

U.S. statistics on consumer spending and third quarter GDP due later on Wednesday are in focus. The rouble cou

Published 27 Nov, 2019 12:09pm

Financial

Dollar boosted by trade deal optimism

The dollar gained another 0.1 percent to 109.18 yen on Wednesday . The euro slipped 0.1 percent to $1.1011, cl

Published 27 Nov, 2019 11:24am

Financial

Pound falls as another poll shows Conservative lead dwindling

The poll was the third in a row to show the Conservative lead dwindling before Britain's election on Dec. 12.

Published 27 Nov, 2019 10:55am

Financial

Sterling weakens after polls show Conservative lead is narrowing

The poll is the second in two days to show a narrowing of the ruling party's lead. Sterling slipped 0.2 percen

Published 26 Nov, 2019 02:00pm

Financial

Dollar gives back some gains from US-China trade deal optimism

The US currency had jumped to a two-week high against the safe-haven Japanese yen in Asian trading. The dollar

Published 26 Nov, 2019 11:52am

Financial

Russia's month-end taxes support rouble, MTS shares rally

The rouble gained 0.2pc to 63.77 against the U.S. dollar by 0747 GMT and also firmed 0.2pc to 70.31 versus the euro

Published 25 Nov, 2019 12:54pm

Financial

Yen at one-week low as renewed trade hopes lift risk sentiment

The Global Times, a tabloid run by the ruling Chinese Communist Party's official People's Daily. The offshore

Published 25 Nov, 2019 11:48am

Financial

Pound gains as Tory election lead promises end to political uncertainty

The pound rose 0.4pc at $1.2883, rising off 10-day lows hit on Friday when dire PMI data highlighted. Against

Published 25 Nov, 2019 10:52am

Financial

Dollar heads for smallest weekly change since August; euro slips on PMI data

The Japanese yen - also seen as a safe haven - was up less than 0.1% against the dollar. The dollar hovered ar

Published 22 Nov, 2019 12:13pm

Financial

Sterling edges higher ahead of PMI data

The pound has traded in a tight $1.2888-1.2985 band this week, its smallest weekly range since July 2014. The

Published 22 Nov, 2019 11:44am

Financial

Japan's yen gains, yuan down on trade woes, Hong Kong strife

The passage of a US law supporting the protesters could undermine efforts to secure a trade deal. Hong Kong ha

Published 21 Nov, 2019 12:38pm

Financial

Pound snaps 2-day losing streak as investors mull parties' election pledges

Sterling has gained more than 8pc from a Sept. 3 low as markets cut the risks of a no-deal Brexit. The pound w

Published 21 Nov, 2019 10:49am

Financial

Sterling weaker vs dollar, leadership debate not seen as ‘game changer’

Prime Minister Boris Johnson doubled down on his Brexit promises late on Tuesday. the pound traded at 85.70 pe

Published 20 Nov, 2019 01:55pm

Financial

Pound slips as Labour leader Corbyn ‘exceeds low expectations’ in election debate

The pound weakened to a low of $1.2888 against a generally firmer U.S. currency. Corbyn said an election win f

Published 20 Nov, 2019 12:02pm

Financial

Dollar rises to near one-month highs as data disappoint

A dollar index measuring it against six other currencies rose 0.05% to 98.424, just shy of a one-month high of 98.4

Published 14 Nov, 2019 01:17pm

Financial

Dollar edges up on positive hopes for Trump trade speech

Trump's speech to the Economic Club of New York is expected to be market-moving as he is scheduled to discuss US tr

Published 12 Nov, 2019 01:22pm

Financial

Euro hits lowest in three weeks as dollar gains from trade optimism

Japanese yen near 5-month low vs dollar Chinese offshore yuan set for sixth winning week vs dollar L

Published 08 Nov, 2019 12:23pm

Financial

Pound set for small weekly rise despite Brexit Party threat

The pound edged 0.1% higher at $1.2946 thanks to a broad weakness in the greenback and is poised to register a tiny

Published 01 Nov, 2019 03:58pm

Financial

Sterling on track for biggest monthly rise in a decade

Against the more steady euro, the pound was up around 0.4% at 86.10 pence. Door open for further policy easing

Published 31 Oct, 2019 04:51pm

Financial

Euro rises as dollar weakens on questions about more Fed rate cuts

Euro zone GDP data better than expected, lifts euro Dollar weak after Fed cuts rate by 25 bps, as expected

Published 31 Oct, 2019 12:06pm

Financial

Sterling edges higher after lawmakers reject early election bid

Sterling edged slightly higher against a struggling dollar on Monday after British lawmakers rejected Boris Johnson

Published 28 Oct, 2019 09:44pm

Financial

Pound firmer on EU Brexit extension

Wall Street edged up to new highs on the China lead, lending some limited support to the European markets which clo

Published 28 Oct, 2019 07:00pm

Financial

Swiss franc extends fall as markets eye US-China trade deal

Dollar flat ahead of Fed meeting on Wednesday Pound unchanged by Brexit extension to Jan 31. 2020 Swiss f

Updated 28 Oct, 2019 12:53pm

Financial

Euro edges up marginally on steady German business morale in October

German Ifo business survey unchanged in October Ifo chief economist sees small expansion in Germany ECB s

Published 25 Oct, 2019 11:41am

Financial

Pound firms awaiting Brexit extension date

The pound firmed against the dollar and euro on Wednesday as the European Union prepared to grant a further delay t

Published 23 Oct, 2019 08:51pm

Financial

Pound rises above $1.30 on investor rush to cover short positions

Pound maintains most of last week's gains, Brexit deal might pass, no-deal Brexit unlikely. Sterling had earli

Published 21 Oct, 2019 01:02pm

Financial

Currencies edge higher on Brexit deal hopes

The Czech crown edged 0.1% up to 25.618, clinging close to three-month highs. The Romanian leu was flat. If Bo

Published 21 Oct, 2019 12:40pm

Financial

Turkish lira firms nearly 1pc against dollar after Turkey-US deal on Syria

Turkey's lira firmed nearly 1pc against the dollar on Friday. The currency had been under pressure due to a d

Published 18 Oct, 2019 01:29pm

Financial

Pound steadies as Johnson faces battle to pass Brexit bill

Sterling steadied around $1.29 Friday as dealers paused for breath at the end of a dizzying week. Britain vote

Published 18 Oct, 2019 11:42am

Financial

Dollar pinned near 1-month lows on weak data; pound volatile

The dollar only managed to eke out some gains against the struggling pound. Sterling slid as much as 0.6pc aga

Published 17 Oct, 2019 02:05pm

Financial

Rouble steadies near 64 vs dollar; Lukoil shares climb on dividend plan

The rouble was 0.1pc stronger against the dollar at 64.03 and added 0.1pc to 70.95 versus the euro. The Russia

Published 17 Oct, 2019 01:40pm

Financial

Sterling jumps, stocks rally on Brexit deal agreement

The pound jumped as high as $1.2988, a five-month high. Euro zone government bond yields rose, while the 10-ye

Published 17 Oct, 2019 10:14am

Financial

Sterling, UK stocks fall on concerns Brexit talks have stalled

The euro, the pound was also 0.3pc weaker on the day at 86.59 pence -- also off five-month highs. Sterling has

Published 16 Oct, 2019 11:11am

Financial

Rouble steady ahead of bond auctions despite oil drop

The rouble was 0.2pc stronger against the dollar at 64.19 and had gained 0.2pc to trade at 70.77 versus the euro.

Published 15 Oct, 2019 12:30pm

Financial

Pound up as EU's Barnier says Brexit deal possible this week

The pound rose as much as 0.7pc to $1.2699 and by a similar magnitude against the euro to 86.90. Deal might be

Published 15 Oct, 2019 12:26pm

Financial

Dollar rebounds as ebbing trade deal optimism hurts risk appetite

The dollar fell last week, and dropped sharply on Friday, as optimism that a trade deal could be reached. The

Published 14 Oct, 2019 12:45pm

Financial

Rouble slides from two-week highs, Yandex shares pare losses

The rouble has more room to appreciate against the U.S. dollar. The rouble should get support given current fi

Published 14 Oct, 2019 12:34pm

Financial

Sterling slips as Brexit deal hangs in balance

The pound was down 0.6pc at a session low of $1.2568. Sterling rocketed higher at the end of last week, postin

Published 14 Oct, 2019 11:44am

Financial

Pound in mini-crash after rally, then bounces in Brexit headline-driven trade

The pound also dropped off a near a three-week high, sliding to 88.03 to 88.67 pence in less than a minute. Th

Published 11 Oct, 2019 01:58pm

Financial

Aussie dollar up on hopes of US-China trade deal, sterling holds gains

"Investors are ready to celebrate any form of a U.S.-China trade deal, even a limited one" China's yuan was st

Published 11 Oct, 2019 10:28am

Financial

Dollar heads towards 1-week lows as trade U.S.-China talks get underway

The Chinese currency in the offshore market gained for a second day, rising 0.3pc versus the greenback to 7.1145 yu

Published 10 Oct, 2019 11:29am

Financial

Sterling dips to one-month low against the euro ahead of UK-Ireland talks

The pound rose 0.3pc against a broadly weak dollar, last trading at $1.2238. The British currency has been dri

Published 10 Oct, 2019 11:02am

Financial

Rouble strengthens ahead of U.S.-China trade talks, stocks down

The rouble was 0.1pc stronger against the dollar at 64.80 and had lost 0.2pc to trade at 71.36 versus the euro.

Published 10 Oct, 2019 10:01am

Financial

Australian dollar rises, euro up after China says open for partial trade deal

China's yuan was up 0.5pc at 7.1308 against the dollar in the offshore trading. The Australian dollar, a globa

Published 09 Oct, 2019 02:36pm

Financial

Rouble edges ahead of OFZ auctions, stocks rise

"The rouble remains vulnerable due to uncertainty related to the outcome of trade talks," The rouble-based MOE

Published 09 Oct, 2019 10:33am

Financial

Sterling rebounds as Brexit breakthrough hopes grow

The pound was last up 0.4pc at $1.2265, after spiking to as much as $1.2292. The Guardian reported that the Eu

Published 09 Oct, 2019 10:15am

Financial

Sterling sinks as Merkel downbeat on Brexit deal outlook

The British pound dived Tuesday after German Chancellor Angela Merkel reportedly warned that a Brexit. Merkel

Published 08 Oct, 2019 04:05pm

Financial

Sterling tumbles after reports of Brexit talks close to breakdown

"The pound has taken a lurch lower as (reports say) there is no prospect of a deal," The pound fell 0.5pc to a

Published 08 Oct, 2019 01:23pm

Financial

Sterling sinks on Brexit impasse

The British pound dived Tuesday after German Chancellor Angela Merkel reportedly warned that a Brexit deal. In

Published 08 Oct, 2019 11:50am

Financial

Dollar sheds overnight gains as U.S.-China trade talk resumes

The single currency rose 0.1pc to $1.09815 but remained within sight of a more than a two-year low of $1.08790 hit

Published 08 Oct, 2019 11:06am

Financial

Sterling falls to 3-week low vs euro as 'no-deal' Brexit worries flare

The British government is preparing for Brexit negotiations to end this week, according to a report in the Spectato

Published 08 Oct, 2019 10:29am

Financial

U.S. trade talk doubts lift dollar off one-month lows

The dollar edged up on Monday after four straight losses last week, while China's offshore yuan and the euro were u

Published 07 Oct, 2019 12:22pm

Financial

Pound falls as doubts grow over chances of last-minute Brexit deal

Sterling fell in early London trading on Monday as investors grow increasingly concerned that Britain and the Europ

Published 07 Oct, 2019 12:16pm

Financial

Turkish lira weakens 1pc on Syria operation concerns

The lira was trading at 5.7450 at 0717 GMT, weakening from a close of 5.7000 on Friday. Earlier, it weakened as far

Published 07 Oct, 2019 08:28am

Financial

Rouble steadies away from 3-week low vs dollar

The Russian rouble steadied on Friday away from three-week lows against the dollar hit earlier this week as the mar

Published 04 Oct, 2019 12:32pm

Financial

Weak dollar steadies before U.S. jobs data

The dollar index fell to 98.816, shedding about 0.9pc after hitting a 2-1/2-year high this week. It is down 0.3pc o

Published 04 Oct, 2019 12:00pm

Financial

Sterling set for first weekly rise in 3 weeks

Against the dollar, the pound was broadly steady at $1.2334 and was a shade weaker against the euro at 88.96 pence.

Published 04 Oct, 2019 10:08am

Financial

Dollar recoups losses before US data; euro steadies

The dollar rebounded from a near one-month low versus the Japanese yen on Thursday in choppy trading. Investor

Published 03 Oct, 2019 12:48pm

Financial

Sterling edges lower as UK waits for EU response to Brexit offer

The pound has found little direction in recent days, and is back where it was at the start of the week. A Euro

Published 03 Oct, 2019 10:45am

Financial

Rouble edges off three-week dollar low, stocks slightly weaker

The Russian rouble recovered slightly on Thursday after sliding to a three-week low the previous day amid concerns

Published 03 Oct, 2019 10:30am

Financial

Sterling unfazed by recession prospect, as Britain waits for EU Brexit response

The pound has found little direction in recent days, and is back where it was at the start of the week. A Euro

Published 03 Oct, 2019 10:02am

Financial

Rouble hits three-week low vs dollar on global economic concern

Russian rouble weakened to a three-week low against the U.S. dollar on Wednesday. The rouble shed 0.3pc to 65.

Published 02 Oct, 2019 12:49pm

Financial

Dollar back near two-year high; Aussie hits decade low

U.S. dollar rose on Wednesday after disappointing manufacturing data knocked it off two-year highs, while the euro

Published 02 Oct, 2019 11:18am

Financial

Sterling sags on doubts over PM Johnson's EU Brexit offer

Johnson is expected to disclose his final Brexit offer to the European Union later and to make clear that if Brusse

Published 02 Oct, 2019 10:24am

Financial

Dollar steadies after data knocks it off two-year highs

The U.S. dollar edged higher on Wednesday after disappointing manufacturing data had whacked the greenback off two-

Published 02 Oct, 2019 08:25am

Financial

Dollar powers to 29-month high, bonds turn choppy

The dollar's advance did slow before U.S. trading and manufacturing data, but economic surprise indices published b

Published 01 Oct, 2019 01:28pm

Financial

Dollar sturdy after biggest quarterly rise since June 2018

The dollar rose to a 29-month high on Tuesday as renewed evidence of strength in the U.S. economy encouraged invest

Published 01 Oct, 2019 08:48am

Financial

Russian rouble slips as oil stays below $60/bbl, end of local tax payments

The Russian rouble opened weaker on Tuesday, hurt by oil prices which were trading below $60 per barrel and as loca

Published 01 Oct, 2019 08:35am

Financial

Sterling near 3-week low as PM Johnson reiterates Oct 31 Brexit pledge

The pound did not immediately react to the data, given that there have been few signs of progress in breaking the d

Published 30 Sep, 2019 12:51pm

Financial

Russian rouble slips towards 3-week low as oil prices dip

The rouble eased versus the dollar as global political uncertainty and fears over a widening of the China-U.S trade

Published 30 Sep, 2019 11:06am

Financial

Dollar holds near highs on trade jitters, Kiwi sinks to 4-yr low

The U.S. currency, measured against a basket of rival currencies, was little changed at 99.061 in early European tr

Published 30 Sep, 2019 10:38am

Financial

Russian rouble gains on last day of tax payments

The Russian rouble gained on Monday, pricing in support from the last tax payment and uncertainty on global markets

Published 30 Sep, 2019 10:16am

Financial

Euro hits 28-month low as trade optimism supports dollar

The euro, by contrast, slipped to $1.0922, touching a 28-month low and eclipsing its lows of earlier this month, wh

Published 26 Sep, 2019 01:21pm

Financial

Sterling weakens as political limbo seen deepening

The ruling reduced the likelihood of Britain leaving the European Union without a deal by Oct. 31. The longer-

Published 25 Sep, 2019 01:47pm

Financial

Dollar recovers from Trump impeachment damage, trade tensions hit yuan, Aussie

The launch of a formal impeachment inquiry against US President Donald Trump while renewed global trade tensions we

Published 25 Sep, 2019 12:03pm

Financial

Pound bounces as UK parliament suspension ruled illegal

The pound rallied against both the dollar and the euro as traders mulled the chance that Britain could now more eas

Published 24 Sep, 2019 02:45pm

Financial

Euro below $1.10 as German survey fails to dispel slowdown fears

The downbeat survey results come less than two weeks after the ECB pledged indefinite stimulus to revive the 19-cou

Published 24 Sep, 2019 12:49pm

Financial

Russian rouble strengthens to 70 vs euro

The rouble hit 69.92 against the euro, heading away from levels of 74 seen less than a month ago. The rouble i

Published 24 Sep, 2019 12:45pm

Financial

Turkish lira firms after reports of U.S. work on trade deal

Turkey's lira strengthened against the dollar on Tuesday. Erdogan and Trump spoke by phone on Sunday, and may

Published 24 Sep, 2019 10:24am

Financial

Sterling slips before Supreme Court rules on Johnson's suspending parliament

The pound was down 0.1% at $1.2418 in early London trading. It also fell to 88.51 pence against the euro . Joh

Published 24 Sep, 2019 10:10am

Financial

Sterling steady as traders watch Brexit talks, await Supreme Court ruling

PM Johnson having to cut his trip short to return to London if the Supreme Court decision goes against the governme

Published 23 Sep, 2019 03:26pm

Financial

Russian rouble edges up on higher oil prices, tax payments

The rouble had reacted strongly to a surge in oil prices earlier this month in the wake of an attack on Saudi crude

Published 23 Sep, 2019 11:13am

Financial

Sterling steady as traders await for Supreme Court decision on proroguing parliament

The pound was down 0.3pc in mid-morning London trading at $1.2435, having dropped earlier to a six-day low of $1.24

Published 23 Sep, 2019 10:37am

Financial

Euro drops as economic gloom deepens

The European Central Bank has urged governments to focus on fiscal policy because the room for more monetary easing

Published 23 Sep, 2019 10:31am

Financial

Pound buoyed by Juncker's comments on possible Brexit

Jean-Claude Juncker said that agreeing a Brexit deal with the United Kingdom was still possible. The British c

Published 20 Sep, 2019 12:19pm

Financial

Dollar set for third week of losses in a big week for central banks

The dollar edged lower on Friday and was headed for a third straight week of losses as expectations of a breakthrou

Published 20 Sep, 2019 10:11am

Financial

Russian rouble recovers as oil prices jump

The Russian rouble strengthened on Friday as oil prices headed for their biggest weekly gain in months. The tr

Published 20 Sep, 2019 09:09am

Financial

Sterling hits 2-month high on EU's Juncker comment

British pound touched a two-month peak on Thursday. It was 0.37pc higher at 88.145 pence per euro

Published 19 Sep, 2019 10:32pm

Financial

Sterling steady before retail sales and BoE meeting

Retails sales growth is expected to have stalled in August on the previous month, according to Reuters poll of econ

Published 19 Sep, 2019 11:09am

Financial

Sterling falls after weaker than expected inflation

Sterling fell on Wednesday after British prices in August grew at a their slowest pace since late 2016. The po

Published 18 Sep, 2019 10:38am

Financial

Russian rouble slips after strong gains on oil prices

Rouble touched its strongest level since July as oil prices spiked following attacks on crude processing facilities

Published 17 Sep, 2019 12:47pm

Financial

Dollar firm as markets wary over rising MidEast tensions, wait for Fed

Traders widely expect the Fed will cut interest rates by a quarter of a percentage point on Wednesday, and one more

Published 17 Sep, 2019 10:20am

Financial

Pound weakens as 'no-deal' Brexit concerns grow

The pound fell nearly half a percent on Monday as concern revived that Britain will struggle to secure a deal on th

Published 16 Sep, 2019 11:15am

Financial

Sterling rockets as Irish backstop hopes add to Brexit optimism

Pound has gained 4% in eight days Investors cut short positions on the pound LONDON: The pound exten

Published 13 Sep, 2019 12:27pm

Financial

Turkish lira weakens ahead of possible deeper rate cut

ISTANBUL: The Turkish lira weakened in early trade on growing anticipation that an expected central bank interest rate c

Published 12 Sep, 2019 09:37am

Financial

Euro pauses before ECB meeting as trade thaw triggers risk rally

LONDON: The euro hovered near $1.10 on Thursday as traders waited to see the scale of fresh stimulus expected from the E

Published 12 Sep, 2019 09:12am

Financial

Dollar set for biggest weekly drop in a month; U.S. data eyed

LONDON: The dollar edged lower on Friday and was heading for its biggest weekly drop in a month as expectations grew tha

Published 06 Sep, 2019 10:51am

Financial

Pound posts biggest two-day surge in 10 months as no-deal Brexit fears fade

LONDON: The pound surged to a five-week high on Thursday after lawmakers voted to prevent Prime Minister Boris Johnson t

Published 05 Sep, 2019 08:45pm

Financial

Facebook's Libra falls into ‘big gap’ in EU rules: regulator

LONDON: Facebook's proposed Libra cryptocurrency falls into a "big gap" in European Union financial regulation at a

Published 05 Sep, 2019 01:22pm

Financial

Sterling gives up some gains amid concern over election

LONDON: The pound lost some of its overnight gains on Thursday on concern that an election is still pending, even though

Published 05 Sep, 2019 08:40am

Financial

Sterling rallies as UK lawmakers take steps to block no-deal Brexit

LONDON: Sterling jumped on Wednesday, posting its best day against the dollar in over five months, as investors grew mor

Published 04 Sep, 2019 10:59pm

Financial

Sterling stronger as British lawmakers fight to avert no-deal Brexit

LONDON: Sterling jumped briefly above $1.22 Wednesday for the first time since Aug. 30 as investors became slightly more

Published 04 Sep, 2019 09:05pm

Financial

Euro zone business growth stays tepid as summer ends

LONDON: Euro zone business growth was a touch faster than expected last month but remained lacklustre as the bloc's domi

Published 04 Sep, 2019 11:30am

Financial

Sterling bounces as UK lawmakers battle to avert no-deal Brexit

LONDON: Sterling jumped more than half a percent against the dollar on Wednesday while volatility gauges on the currency

Published 04 Sep, 2019 11:17am

Financial

Turkey's lira firms on inflation data, Fed and ECB easing expectations

ANKARA: Turkey's lira firmed beyond 5.70 against the U.S. dollar for the first time in two weeks on Wednesday after annu

Published 04 Sep, 2019 07:25am

Financial

Sterling rises after UK lawmakers win bid to try to block no-deal Brexit

LONDON: Sterling gained in early London trading on Wednesday, as investors gave a cautious welcome to British lawmakers

Published 04 Sep, 2019 07:24am

Financial

Pound slides below $1.20 as election threat adds to Brexit jeopardy

LONDON: Sterling sunk to a three-year low below $1.20 on Tuesday, as Prime Minister Boris Johnson's implicit threat

Published 03 Sep, 2019 02:22pm

Financial

Pound slides below $1.20 to 3-year low as no-deal Brexit battle begins

LONDON: Sterling slumped below $1.20 on Tuesday to a three-year low, as Prime Minister Boris Johnson's implicit ulti

Published 03 Sep, 2019 12:54pm

Financial

Euro slides to lowest since 2017 on investors eye ECB cuts, dollar strength

LONDON: The euro plunged to a 28-month low against the dollar on Tuesday as investors priced in deeper negative inte

Published 03 Sep, 2019 12:40pm

Financial

Sterling on backfoot as political turmoil dogs Brexit process

TOKYO: Sterling wallowed near a more than two-year low on Tuesday on growing investor worries about a "no-deal Brexit" a

Published 03 Sep, 2019 08:22am

Financial

Pound dives as UK election speculation mounts before Brexit showdown

LONDON: Sterling fell sharply on Monday as Boris Johnson summoned his ministers for an emergency meeting, fuelling e

Published 02 Sep, 2019 04:33pm

Financial

Sterling extends losses as UK media say PM preparing to call election

LONDON: Sterling extended its slide on Monday after British media said Prime Minister Boris Johnson had called an em

Published 02 Sep, 2019 01:49pm

Financial

Rouble keeps recovering despite U.S.-China trade row

MOSCOW: The Russian rouble gained against the dollar on Monday despite a decline in the oil prices, after new tariffs i

Published 02 Sep, 2019 10:54am

Financial

Euro holds below $1.10 as economic clouds darken

LONDON: The euro held below the $1.10 level on Monday after Washington and Beijing put additional tariffs on each other'

Published 02 Sep, 2019 10:48am

Financial

Pound falls as traders brace for Brexit showdown with parliament's return

LONDON: The British pound fell on Monday as traders braced for a clash between the government and lawmakers opposed to P

Published 02 Sep, 2019 10:23am

Financial

Sterling volatility gauges jump as investors fear Brexit showdown

LONDON: Traders are bracing for more big price swings in the pound between now and the expected Oct. 31 Brexit date afte

Published 29 Aug, 2019 08:46pm

Financial

Yen set for biggest monthly rise since May as sentiment fragile

LONDON: The Japanese yen was set for its biggest monthly rise since May on Friday as risk appetite remained on the b

Published 29 Aug, 2019 11:45am

Financial

Yen firms as risk appetite fades; pound fragile

LONDON: The Japanese yen edged higher on Thursday, heading for its biggest monthly rise since May as risk appetite remai

Published 29 Aug, 2019 08:43am

Financial

Investors stick with yen as recession fears grow; sterling slides

LONDON: The Japanese yen clung to its recent gains on Wednesday as worries about a global economic downturn grew, wh

Published 28 Aug, 2019 12:24pm

Financial

Russian rouble slips, China-US trade war in focus

MOSCOW: The Russian rouble slipped on Tuesday as the trade war between Washington and Beijing kept markets on edge over

Published 27 Aug, 2019 08:02pm

Financial

Pound gains as UK opposition parties agree front to stop no-deal Brexit

LONDON: The British pound rose on Tuesday as opposition parties vowed to try and pass a law to prevent a no-deal Bre

Published 27 Aug, 2019 04:54pm

Financial

Yen rises as investors flock to safe-haven assets

LONDON: The Japanese yen rose and 10-year Treasury yields fell on Tuesday as investors fled to safer assets amid wor

Published 27 Aug, 2019 01:16pm

Financial

Russian rouble eases as China-U.S. trade war remains in focus

MOSCOW: The Russian rouble weakened on Tuesday as the trade war between Washington and Beijing kept market fears over a

Published 27 Aug, 2019 08:35am

Financial

Yuan slides to 11-year low as trade war rattles investor confidence

LONDON: China's yuan fell to an 11-year low in the onshore market and a record low offshore on Monday after the late

Published 26 Aug, 2019 12:43pm

Financial

Turkish lira weakens 1pc against dollar after overnight tumble

ISTANBUL: The Turkish lira weakened about 1% to over 5.8 against the dollar on Monday, after briefly tumbling to 6.47 ov

Published 26 Aug, 2019 07:24am

Financial

Russian rouble flat before U.S. Fed's Powell speech

MOSCOW: The Russian rouble was little changed on Friday before a speech by U.S. Federal Reserve Chairman Jerome Powell,

Published 23 Aug, 2019 10:57am

Financial

Euro weakens, dollar rises as market awaits Fed's Powell

The euro edged lower and the dollar strengthened broadly on Friday, awaiting a keynote speech by the head of the Federal

Published 23 Aug, 2019 10:47am

Financial

Sterling falls as doubts about Brexit backstop hopes grow

LONDON: The pound on Friday gave back some of the gains it made the day before as investors reassessed whether British P

Published 23 Aug, 2019 09:28am

Financial

Sterling jumps as traders cling to Merkel's Brexit backstop comments

LONDON: The pound was on course for its best day in months on Thursday after traders interpreted comments from Germa

Published 22 Aug, 2019 04:25pm

Financial

Pound sterling up one percent on Brexit optimism

LONDON: Britain's pound sterling was sharply up against the euro and the dollar on Thursday, temporarily gaining mor

Published 22 Aug, 2019 02:17pm

Financial

Yen shines as Chinese yuan slides to 11-year lows; Fed eyed

LONDON: The Japanese yen rose on Thursday as risk appetite weakened, with investors looking to U.S. Federal Reserve Chai

Published 22 Aug, 2019 08:32am

Financial

Euro pinned near recent lows as attention shifts to Fed

LONDON: The euro struggled to make headway against a resilient dollar on Wednesday while foreign exchange markets re

Published 21 Aug, 2019 02:03pm

Financial

Russian rouble moves away from 6-month low, up 1pc ahead of Fe

MOSCOW: The Russian rouble edged up against the US dollar on Wednesday, moving away from six-month lows as investors

Published 21 Aug, 2019 01:09pm

Financial

Russian rouble firms ahead of Fed minutes

MOSCOW: The Russian rouble firmed against the U.S. dollar on Wednesday as investors awaited the minutes of the Federal R

Published 21 Aug, 2019 09:47am

Financial

Euro struggles vs dollar as attention turns to Fed

LONDON: The euro struggled to make headway against a resilient dollar on Wednesday and was stuck near $1.11, with forex

Published 21 Aug, 2019 09:29am

Financial

Sterling briefly jumps after Merkel says will think about Brexit backstop solutions

LONDON: Sterling briefly jumped on Tuesday after German chancellor Angela Merkel said the European Union would think

Published 20 Aug, 2019 03:29pm

Financial

Rouble recovers from lowest in six months on hopes over trade war

MOSCOW: The Russian rouble recovered against the US dollar on Tuesday, after touching a six-month low, on optimism f

Published 20 Aug, 2019 03:17pm

Financial

Euro near two-week low vs dollar as Treasury yields rebound

LONDON: The euro hovered near a two-week low against the dollar on Tuesday as higher Treasury yields the day before

Published 20 Aug, 2019 02:41pm

Financial

Rouble recovers from six-month low on hopes of trade war easing

MOSCOW: The Russian rouble rose against the dollar on Tuesday, buoyed by hopes of an easing in the U.S. trade standoff w

Published 20 Aug, 2019 10:45am

Financial

Euro weakens vs dollar as Treasury yields pick up on stimulus talks

LONDON: The euro hovered around a two-week low versus the dollar as the U.S. currency held strong on Tuesday, boosted by

Published 20 Aug, 2019 10:44am

Financial

Sterling slips as investors await EU response to Johnson demand

LONDON: The pound was weaker on Tuesday as investors waited for EU leaders' response to a demand from Britain's prime mi

Published 20 Aug, 2019 10:15am

Financial

Turkish lira weakens after central bank move, Syria unease

ISTANBUL: The Turkish lira hit its weakest level against the dollar in nearly a month on Tuesday after the central bank

Published 20 Aug, 2019 10:08am

Financial

Euro zone rates edge lower amid ongoing easing expectations

LONDON: Euro zone rates edged lower on Tuesday as markets continued to focus on the prospect of fiscal stimulus in Germa

Published 20 Aug, 2019 09:23am

Financial

Sterling edges lower after recent bounce on Brexit deal hopes

LONDON: Sterling edged lower on Monday, although sentiment towards the pound was better than in recent sessions as inves

Published 19 Aug, 2019 04:23pm

Financial

Euro gains after biggest weekly drop in 6 weeks; Swiss franc firm

LONDON: The euro advanced on Monday after registering its biggest weekly drop in nearly two months as risk appetite grad

Published 19 Aug, 2019 02:34pm

Financial

Sterling slips back from recent highs vs euro on Brexit talk hopes

LONDON: Sterling fell back from a near three-week high against the euro on Monday but sentiment towards the pound was be

Published 19 Aug, 2019 10:05am

Financial

Norway's crown slides to 17-year low, euro drops on rate expectations

LONDON: The dollar rallied on Friday, hitting a two-week high against the euro and reaching its strongest in more than 1

Published 16 Aug, 2019 02:07pm

Financial

Pound set for biggest weekly gain in nearly 2 months as no-deal Brexit opposition grows

LONDON: The pound gained for a second consecutive day on Friday after a stream of resilient economic data this week calm

Published 16 Aug, 2019 12:38pm

Financial

Euro drops to two-week low against the dollar

LONDON: The euro fell to a two-week low on Friday against the dollar, which extended the gains it made the day before af

Published 16 Aug, 2019 12:37pm

Financial

Euro drops to two-week low against the dollar

LONDON: The euro fell to a two-week low on Friday against the dollar, which extended the gains it made the day before af

Published 16 Aug, 2019 10:04am

Financial

Pound set for biggest weekly gain in nearly 2 months as no-deal Brexit opposition grows

LONDON: The pound gained for a second consecutive day on Friday after a stream of resilient economic data this week calm

Published 16 Aug, 2019 09:23am

Financial

Rouble steadies vs dollar near lowest since May as oil prices edge up

MOSCOW: The Russian rouble steadied on Friday near its weakest levels since early May following a volatile week as oil p

Published 16 Aug, 2019 09:22am

Financial

Rouble struggles to recover from weakest since early May

MOSCOW: The rouble firmed slightly on Thursday, a day after falling to its weakest level since early May, as emerging ma

Published 15 Aug, 2019 11:57am

Financial

Sterling rises but traders say gains unlikely to last

LONDON: Sterling was higher on Thursday, boosted by better-than-expected retail sales and news that Britain's opposition

Published 15 Aug, 2019 11:26am

Financial

Yen rallies again as market selloff extends on recession fears

LONDON: The yen strengthened again on Thursday as signals from the bond market that the US economy could be headed for a

Published 15 Aug, 2019 11:24am

Financial

Sterling revisits 2-year lows as UK economy shrinks

LONDON: Sterling skidded again on Friday, hitting its lowest in more than two years, after an unexpected second quarter

Published 09 Aug, 2019 03:08pm

Financial

Sterling's rebound is not a game changer, analysts say

LONDON: Sterling gained as some risk appetite returned to financial markets on Thursday, but it remains near 2017, lows

Published 08 Aug, 2019 12:17pm

Financial

Rouble strengthens as oil prices jump, EM currencies regain ground

MOSCOW: The Russian rouble strengthened versus the dollar on Thursday after hitting a three-month low late the previous

Published 08 Aug, 2019 12:11pm

Financial

Dollar slips as markets recover; China data helps

LONDON: The dollar edged lower across the board on Thursday, as risk sentiment stabilised after resilient Chinese trade

Published 08 Aug, 2019 11:49am

Financial

Sterling's rebound is not a game changer, analysts say

LONDON: Sterling gained as some risk appetite returned to financial markets on Thursday, but it remains near 2017 lows a

Published 08 Aug, 2019 11:23am

Financial

Turkish lira at strongest level in four months, outpacing EMs

ISTANBUL: The Turkish lira continued its winning run against peers on Thursday, firming 0.5% to its strongest level sinc

Published 08 Aug, 2019 11:22am

Financial

Dollar slips as markets recover; China data helps

LONDON: The dollar edged lower across the board on Thursday, as risk sentiment stabilized after resilient Chinese trade

Published 08 Aug, 2019 08:47am

Financial

Sterling stuck near two-year lows, markets see more selling

LONDON: Traders paused their heavy selling of the pound on Wednesday but the British currency remained stuck near its we

Published 07 Aug, 2019 11:53am

Financial

Russian rouble firms after market pares losses from sanctions risks

MOSCOW: The Russian rouble firmed on Wednesday as the market pared losses from the new US sanctions on Russia, with the

Published 07 Aug, 2019 11:48am

Financial

Turkish lira below 5.50 vs dollar, strongest since early April

ISTANBUL: The Turkish lira firmed to 5.49 against the dollar on Wednesday at 0553 GMT, its strongest value since April 2

Published 07 Aug, 2019 10:43am

Financial

Kiwi tumbles after big rate cut, sparking rush for safety

LONDON: The New Zealand dollar fell 2% on Wednesday after its central bank stunned markets with an aggressive interest r

Published 07 Aug, 2019 10:31am

Financial

Rouble up from 3-month lows with an eye on China-U.S. trade dispute

MOSCOW: The Russian rouble regained ground on Tuesday, after falling sharply the day before to its weakest levels in thr

Published 06 Aug, 2019 10:12am

Financial

Rouble pares losses after sanctions-driven sell-off

MOSCOW: The rouble gained on Monday, recovering some of its losses last week, which were triggered by new US sanctions a

Published 05 Aug, 2019 04:07pm

Financial

Argentine peso weakens 1.74pc on local election and global trade jitters -traders

BUENOS AIRES: Argentina's peso currency fell 1.74% on Monday to 45.46 per US dollar because of uncertainty over the coun

Published 05 Aug, 2019 04:03pm

Financial

Sterling hits 23-month low vs euro as no-deal Brexit worries grow

LONDON: Heightened worries of a no-deal Brexit and the growing probability of a general election after the October Brexi

Published 05 Aug, 2019 02:38pm

Financial

Sterling hits 23-month low vs euro as no-deal Brexit worries grow

LONDON: Sterling plunged to a 23-month low against the euro and near a 31-month low versus the dollar on Monday as fears

Published 05 Aug, 2019 10:37am

Financial

Euro zone factory sickness infecting services growth -PMI

LONDON: Euro zone business growth hit a wall in July as demand crumbled, according to a survey which showed a deepening

Published 05 Aug, 2019 10:29am

Financial

Euro zone investor morale hits lowest since Oct 2014, Sentix says

BERLIN: Investor morale in the euro zone deteriorated in August to its lowest since October 2014, a Sentix survey showed

Published 05 Aug, 2019 10:21am

Financial

Russian finance ministry to increase daily FX purchases in Aug

MOSCOW: Russia's finance ministry said on Monday it would buy 11.2 billion roubles ($172.39 million) worth of foreign cu

Published 05 Aug, 2019 09:56am

Financial

Pound plunge prompts bargain hunters to look beyond Brexit fog

LONDON: For those with the stomach to digest more months of Brexit-induced political wrangling, sterling's plunge to two

Published 05 Aug, 2019 09:52am

Financial

Sterling hits 23-month low vs euro as no-deal Brexit worries grow

LONDON: Sterling plunged to a 23-month low against the euro and near a 31-month low versus the dollar on Monday as fears

Published 05 Aug, 2019 09:47am

Financial

Sterling holds near 30-month lows as Johnson's majority shrinks

LONDON: Sterling held close to 30-month lows against the dollar on Friday as a shrinking of Britain's ruling Conversativ

Published 02 Aug, 2019 10:44am

Financial

Rouble slips to 7-week low vs dollar, hit by US tariffs on China

MOSCOW: The Russian rouble fell to a 7-week low versus the dollar on Friday after US President Donald Trump vowed to pl

Published 02 Aug, 2019 10:42am

Financial

Rouble slips to 7-week low vs dollar, hit by U.S. tariffs on China

MOSCOW: The Russian rouble fell to a 7-week low versus the dollar on Friday after U.S. President Donald Trump vowed to p

Published 02 Aug, 2019 09:14am

Financial

Sterling holds near 30-month lows as Johnson's majority shrinks

LONDON: Sterling held close to 30-month lows against the dollar on Friday as a shrinking of Britain's ruling Conversativ

Published 02 Aug, 2019 09:05am

Financial

Russian rouble slips to 64 vs dollar, hit by US Fed guidance

MOSCOW: The Russian rouble slipped to a six-week minimum versus the dollar on Thursday after the US Federal Reserve indi

Published 01 Aug, 2019 03:33pm

Financial

Sterling sinks to $1.21 as BoE cuts growth forecasts before Brexit

LONDON: Sterling sank to a 30-month low on Thursday below $1.21, hurt by a stronger dollar, renewed worries about a no-d

Published 01 Aug, 2019 03:17pm

Financial

Sterling sinks below $1.21 after dollar jump, BoE cut to growth forecasts

LONDON: Sterling sank to a 30-month low on Thursday below $1.21, pressured by a stronger dollar, renewed worries about a

Published 01 Aug, 2019 01:17pm

Financial

Sterling touches 30-month low on firmer dollar and Brexit fears

LONDON: Sterling sank to a 30-month low on Thursday, pressured by a stronger dollar and renewed worries that Britain cou

Published 01 Aug, 2019 09:15am

Financial

Turkish lira weaker after Fed dampens hopes for more U.S. rate cuts

ISTANBUL: Turkey's lira weakened on Thursday after the U.S. Federal Reserve cut interest rates by a quarter percentage p

Published 01 Aug, 2019 08:46am

Financial

Rouble up before US Fed meeting, Ukrainian hryvnia at three-year peak vs dollar

MOSCOW: The Russian rouble firmed on Wednesday ahead of an expected cut to interest rates by the US Federal Reserve

Published 31 Jul, 2019 08:37pm

Financial

Sterling bounces back above $1.22 after four days of falls

LONDON: Sterling bounced back above $1.22 on Wednesday, enjoying a respite after four days of falls that took it to

Published 31 Jul, 2019 08:34pm

Financial

Sterling bounces 0.7pc after four days of steep falls

Sterling bounced as much as 0.7% versus the dollar and euro on Wednesday, enjoying a respite after four days of falls th

Published 31 Jul, 2019 02:57pm

Financial

Dollar eases off 2-month high as bets on big Fed rate cut fade

LONDON: The dollar hovered just off two-month highs on Wednesday as robust U.S. data all but eliminated chances the Fed

Published 31 Jul, 2019 11:39am

Financial

Sterling steadies after four days of falls, PM Johnson in N.Ireland

LONDON: Sterling steadied on Wednesday after four days of steep losses, rising 0.2% against the dollar, though it was on

Published 31 Jul, 2019 11:21am

Financial

Euro zone growth halves, inflation slows in spur for ECB

BRUSSELS: Euro zone economic growth halved in the second quarter and inflation slowed sharply in July, reinforcing marke

Published 31 Jul, 2019 11:12am

Financial

Turkish lira weakens ahead of cenbank inflation report

ISTANBUL: Turkey's lira was trading slightly weaker on Wednesday, as investors wore a cautious stance ahead of an expect

Published 31 Jul, 2019 05:53am

Financial

Sterling slides again amid scramble to price no-deal Brexit

LONDON: Sterling tumbled towards $1.21 on Tuesday as growing concerns about the chances of a disorderly Brexit spurred i

Published 30 Jul, 2019 04:11pm

Financial

Weak euro zone data backs Draghi's case for more easing

PARIS/BERLIN: A series of weak economic data from France, Germany and the euro zone as a whole on Tuesday painted a meag

Published 30 Jul, 2019 03:15pm

Financial

Trump China broadside scuttles stocks, sterling sinks again

LONDON: A snarling warning from US President Donald Trump ahead of trade talks with China rattled stock markets on Tuesd

Published 30 Jul, 2019 03:10pm

Financial

Euro struggles ahead of Fed meeting

LONDON: The euro hovered on Tuesday around the 26-month low it reached last week against the dollar as investors awaited

Published 30 Jul, 2019 01:20pm

Financial

Euro struggles ahead of Fed meeting

LONDON: The euro hovered on Tuesday around the 26-month low it reached last week against the dollar as investors awaited

Published 30 Jul, 2019 10:53am

Financial

Weak euro zone data backs Draghi's plan for more stimulus

PARIS/BERLIN: French growth slowed unexpectedly in the second quarter on weaker household spending and German consumer m

Published 30 Jul, 2019 10:45am

Financial

Russian rouble steadies ahead of Fed rate decision; Yandex shares recover

MOSCOW: The Russian rouble was steady in thin trade on Tuesday ahead of a U.S. Federal Reserve meeting where it is seen

Published 30 Jul, 2019 09:33am

Financial

Turkish lira strongest in nearly four months ahead of expected Fed cut, inflation report

ISTANBUL: Turkey's lira firmed on Tuesday to its strongest level in nearly four months, ahead of an expected interest ra

Published 30 Jul, 2019 09:31am

Financial

Sterling slides towards $1.21 amid scramble to price no-deal Brexit

LONDON: Sterling tumbled towards the $1.21 mark versus the dollar and crashed to 2-1/2 year lows against the yen on Tues

Published 30 Jul, 2019 09:19am

Financial

Pound plunges towards $1.22, prices rising chance of no-deal Brexit

LONDON: Sterling plunged to 28-month lows on Monday and headed for its biggest daily fall against the dollar since N

Published 29 Jul, 2019 08:01pm

Financial

Brexit worries knock sterling; stocks slip

NEW YORK: The British pound touched its lowest against the dollar in over two years after Prime Minister Boris Johns

Published 29 Jul, 2019 07:23pm

Financial

Sterling sinks on Brexit woes as London stocks soar

LONDON: The pound fell to levels not seen in over two years on Monday as a no-deal Brexit seemed ever more likely, while

Published 29 Jul, 2019 04:16pm

Financial

Pound tumbles below $1.23, factoring greater no-deal Brexit risk

LONDON: Sterling extended losses and fell below $1.23 towards 30-month lows on Monday, as more investors rushed to facto

Published 29 Jul, 2019 01:18pm

Financial

Dollar steels for Fed cut, Brexit bashes pound lower

LONDON: The dollar held near a two-month high on Monday ahead of what is expected to be the first US interest rate cut s

Published 29 Jul, 2019 01:16pm

Financial

Sterling slides to weakest since March 2017 on no-deal Brexit fears

LONDON: Sterling dropped to its weakest since March 2017 on Monday, amid concern that Britain was headed for a disorderl

Published 29 Jul, 2019 01:12pm

Financial

UK plays Brexit hardball with 'stubborn' EU, pound tumbles to a 28-month low

LONDON: Sterling slid to a 28-month low on Monday as Prime Minister Boris Johnson's government said it now assumed there

Published 29 Jul, 2019 12:50pm

Financial

Dollar steels for Fed cut, Brexit barges pound lower

LONDON: The dollar held near a two-month high on Monday ahead of what is expected to be the first US interest rate cut s

Published 29 Jul, 2019 12:47pm

Financial

Sterling slides to weakest since March 2017 on no-deal Brexit fears

LONDON: Sterling dropped to another low on Monday, hitting its weakest since March 2017 as investors grow increasingly w

Published 29 Jul, 2019 07:29am

Financial

Sterling falls as UK and EU lock horns again over Brexit

LONDON: The British pound weakened on Friday, weighed down by European Commission President Jean-Claude Juncker's tellin

Published 26 Jul, 2019 04:17pm

Financial

Euro sinks to 2-month low vs dollar as investors unsure about ECB policy

LONDON: The euro sank to a new two-month low against the dollar on Thursday as investors waited for the European Central

Published 25 Jul, 2019 02:07pm

Financial

Russian rouble firms ahead of ECB meeting

MOSCOW: The Russian rouble firmed on Thursday helped by oil prices ahead of a European Central Bank (ECB) meeting which

Published 25 Jul, 2019 01:52pm

Financial

Sterling holds below $1.25 as Johnson appoints new cabinet

LONDON: Sterling traded below $1.25 on Thursday, little changed, after new Prime Minister Boris Johnson filled his cabin

Published 25 Jul, 2019 12:30pm

Financial

Turkish lira flat ahead of an expected sharp rate cut

ISTANBUL: Turkey's lira was little changed on Thursday as investors waited to see the size of what is expected to be a s

Published 25 Jul, 2019 10:58am

Financial

Euro at 2-month low vs dollar as investors wait for ECB easing

LONDON: The euro sank to a new two-month low against the dollar on Thursday as investors waited for the European Central

Published 25 Jul, 2019 10:47am

Financial

Euro sinks to 2-month low vs dollar as investors unsure about ECB policy

LONDON: The euro sank to a new two-month low against the dollar on Thursday as investors waited for the European Central

Published 25 Jul, 2019 08:40am

Financial

Sterling rises before Johnson takes office; European markets sag

LONDON: The British pound rose Wednesday before arch-Brexiteer Boris Johnson's took over as prime minister, while Europe

Published 24 Jul, 2019 11:29am

Financial

Russian rouble firms vs euro to strongest since March 2018

MOSCOW: The Russian rouble firmed against the euro to its strongest level since March 2018 on Wednesday, buoyed by deman

Published 24 Jul, 2019 10:14am

Financial

Pound inches up after days of falls as Johnson prepares to take office

LONDON: Sterling inched higher on Wednesday against the dollar and euro after losses in recent days but options markets

Published 24 Jul, 2019 10:09am

Financial

Euro plumbs 2-month low ahead of ECB, pound under pressure

TOKYO: The euro slipped to a two-month low on Wednesday, as markets waited to gauge the European Central Bank's stance o

Published 24 Jul, 2019 07:14am

Financial

London forex trading turnover surges to record high

LONDON: Britain's daily foreign exchange turnover rose to a record high in April, the Bank of England said on Tuesda

Published 23 Jul, 2019 07:19pm

Financial

Turkish lira trading volumes in London down 40pc from year-ago levels

LONDON: Average daily trading volumes of the Turkish lira fell by 40pc in April from a year earlier, the Bank of England

Published 23 Jul, 2019 03:08pm

Financial

Sterling settles below $1.25 as Johnson wins race to be PM

LONDON: Sterling, already trading near its lowest in two years, was little moved on Tuesday after Boris Johnson won the

Published 23 Jul, 2019 02:54pm

Financial

Weak sterling unfazed as Johnson wins party vote as expected

LONDON: Sterling recovered some losses but was little moved after news that Brexiteer Boris Johnson would replace Theres

Published 23 Jul, 2019 01:20pm

Financial

Pound down for third day before Conservative Party election outcome

LONDON: Sterling fell for the third straight day on Tuesday, dragged down by a firmer dollar and concern that Britain's

Published 23 Jul, 2019 01:12pm

Financial

British pound recovers on Boris Johnson victory

LONDON: The pound erased its morning losses Tuesday after arch-Brexiteer Boris Johnson won the race to become Britain's

Published 23 Jul, 2019 12:58pm

Financial

Russian roubles recovers vs dollar, firms vs euro

MOSCOW: The Russian rouble was steady near two-week lows versus the dollar on Tuesday. The rouble tracked moves on th

Published 23 Jul, 2019 11:18am

Financial

U.S. debt deal hoists dollar to a two-week high; pound sags

LONDON: The dollar edged to a two-week high versus its rivals on Tuesday after U.S. President Donald Trump and congressi

Published 23 Jul, 2019 09:08am

Financial

Russian roubles recovers vs dollar, firms vs euro

MOSCOW: The Russian rouble was steady near two-week lows versus the dollar on Tuesday. The rouble tracked moves on th

Published 23 Jul, 2019 08:52am

Financial

Pound down for third day before Conservative Party election outcome

LONDON: Sterling fell for the third straight day on Tuesday, dragged down by a firmer dollar and concern that the new pr

Published 23 Jul, 2019 08:47am

Financial

Sterling weakens as traders protect themselves against more falls

LONDON: The pound edged lower on Monday, with investors holding on to their hedges against further weakness ahead of the

Published 22 Jul, 2019 11:24am

Financial

Sterling pushed back to $1.25, on shaky ground

LONDON: The pound hovered around $1.25 on Friday after its biggest daily jump in more than two months in the previous se

Published 19 Jul, 2019 07:40pm

Financial

Rouble pressured by stronger dollar before S&P move on Russia

MOSCOW: The Russian rouble weakened on Friday as the US dollar pared earlier losses triggered by expectations the Un

Published 19 Jul, 2019 12:53pm

Financial

Euro weakens as investors raise bets on imminent ECB rate cut

LONDON: The euro fell against a rebounding US dollar on Friday and hit a 2-year low versus the Swiss franc, as inves

Published 19 Jul, 2019 12:51pm

Financial

Dollar steadies after rise in bets on bigger Fed rate cut

LONDON: The U.S. dollar recovered slightly in early Friday trading, having fallen heavily after dovish comments from a k

Published 19 Jul, 2019 11:59am

Financial

Rouble steady as hopes of U.S. rate cut outweigh lower oil prices

MOSCOW: The Russian rouble was slightly down on Friday, hurt by a recent drop in oil prices but supported by expectation

Published 19 Jul, 2019 11:36am

Financial

Brexit fears knock pound lower after biggest jump in 2 months

LONDON: The pound edged lower on Friday after registering its biggest daily jump in more than two months in the previous

Published 19 Jul, 2019 11:13am

Financial

Turkish lira slips as Trump unclear on sanctions

ISTANBUL: The Turkish lira weakened slightly early on Friday, giving up some of the gains made the previous evening as U

Published 19 Jul, 2019 09:27am

Financial

Sterling recovers from lows, helped by strong retail sales

LONDON: The British pound rebounded on Thursday after stronger-than-expected retail sales numbers and as the currency fo

Published 18 Jul, 2019 10:08pm

Financial

Sterling buoyed by retail sales, bid to prevent no-deal Brexit

LONDON: The pound rebounded on Thursday after stronger-than-expected retail sales numbers, also finding support from

Published 18 Jul, 2019 04:37pm

Financial

Dollar falls for a 2nd day on U.S. rate cut bets

LONDON: The dollar slipped for a second day against its rivals on Thursday on the back of softer U.S. Treasury yields af

Published 18 Jul, 2019 12:01pm

Financial

Turkish lira steady, shrugs off Ankara's removal from F-35 programme

ISTANBUL: The Turkish lira was steady on Thursday, shrugging off the U.S. decision to remove Ankara from the F-35 fighte

Published 18 Jul, 2019 09:01am

Financial

Dollar slips on softer U.S. yields; Aussie shines

LONDON: The dollar broadly edged lower against its rivals on Thursday after softer U.S. Treasury yields in the wake of w

Published 18 Jul, 2019 08:03am

Financial

Sterling touches two-year low as investors hedge rise in Brexit risk

LONDON: Sterling fell below $1.24 on Wednesday, levels not plumbed for more than two years, as investors continued to pr

Published 17 Jul, 2019 08:21pm

Financial

Sterling dives amid investor rush to hedge rise in Brexit risk

LONDON: Sterling fell below $1.24 on Wednesday, levels not plumbed for more than two years, as investors continued t

Published 17 Jul, 2019 02:09pm

Financial

Euro at 1-week lows as expectations of more policy easing grows

LONDON: The euro fell to a one-week low against the dollar on Wednesday towards the lower end of this year's range, weig

Published 17 Jul, 2019 11:19am

Financial

Pound sinks below $1.24, engulfed by 'perfect storm'

LONDON: Sterling plunged briefly below $1.24 for the first time in 27 months on Tuesday and also hit six-month troughs a

Published 16 Jul, 2019 09:04pm

Financial

Pound sinks below $1.24 engulfed by 'perfect storm'

LONDON: Sterling plunged briefly below $1.24 for the first time in 27 months on Tuesday and also hit six-month troug

Published 16 Jul, 2019 03:39pm

Financial

Sterling plunges to six-month low as no-deal Brexit worries build

LONDON: The pound sank to a six-month low against the euro on Tuesday after a debate between the two candidates vying to

Published 16 Jul, 2019 09:35am

Financial

Euro weakens as dollar holds ground despite Fed rate cut bets

LONDON: The euro fell on Tuesday as investors waited for a sentiment reading of Germany's economy, although the prospect

Published 16 Jul, 2019 08:42am

Financial

Russian rouble slips ahead of U.S. Fed talks

MOSCOW: The Russian rouble slipped in thin trade on Tuesday as investors refrained from making moves ahead of U.S. Feder

Published 16 Jul, 2019 08:20am

Financial

Sterling slides back to $1.25 as economy and Brexit worries grow

LONDON: The British pound fell back towards six-month lows against the dollar and the euro on Monday, with traders still

Published 15 Jul, 2019 08:53pm

Financial

Bitcoin drops more than 10pc as scrutiny of cryptocurrencies grows

LONDON: Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies

Published 15 Jul, 2019 01:46pm

Financial

Euro stuck against dollar; Aussie gets Chinese boost

LONDON: The euro rose on Monday but remained within its recent trading range against the dollar before central bank meet

Published 15 Jul, 2019 11:20am

Financial

Sterling edges lower as weak data and Brexit worries keep pressure on

LONDON: The British pound fell back towards six month lows against the dollar and the euro on Monday, with sterling trad

Published 15 Jul, 2019 11:16am

Financial

Pound headed for record 10th week of losses

LONDON: The pound was set for a record 10th week of consecutive losses against the euro on Friday as weak data and the g

Published 12 Jul, 2019 08:51pm

Financial

Turkish lira slides over possible US sanctions after S-400 delivery

ISTANBUL: The Turkish lira was 1.3% weaker against the dollar on Friday over US sanction worries, after Russia deliv

Published 12 Jul, 2019 05:27pm

Financial

Rate cut bets keeps dollar on track for biggest weekly drop in three weeks

LONDON: The dollar fell for a third consecutive day on Friday as stronger-than-expected US inflation data failed to

Published 12 Jul, 2019 01:50pm

Financial

Dollar slips for third day as bears ignore U.S. inflation data

LONDON: The dollar edged lower for a third consecutive day on Friday as stronger-than-expected U.S. inflation data faile

Published 12 Jul, 2019 09:35am

Financial

Dollar weakness hoists pound, but outlook bleak

LONDON: Sterling firmed on Thursday, erasing most of this week's losses, after US Federal Reserve Chairman Jerome Po

Published 11 Jul, 2019 03:12pm

Financial

Dollar weakness hoists pound, but outlook bleak

LONDON: Sterling gained on Thursday, erasing most losses earlier this week after US Federal Reserve Chairman Jerome

Published 11 Jul, 2019 01:49pm

Financial

Russian rouble boosted by higher oil prices, bond sale

MOSCOW: The Russian rouble firmed on Wednesday partly in response to higher oil prices and strong demand for Russian gov

Published 10 Jul, 2019 09:02pm

Financial

Sterling held near 2-yr lows

LONDON: Britain's economic gloom and a fast-approaching Brexit deadline kept sterling near two-year lows on Wednesday, w

Published 10 Jul, 2019 07:46pm

Financial

‘Bad news everywhere’: Sterling held near 2-year lows

LONDON: Britain's economic gloom and a fast-approaching Brexit deadline kept sterling near two-year lows on Wednesda

Published 10 Jul, 2019 03:47pm

Financial

Euro bounces above $1.12 before Powell's testimony

The euro rose above $1.12 on Wednesday, bouncing off two-week lows as dwindling bets on aggressive US rate cuts buoy

Published 10 Jul, 2019 02:11pm

Financial

Russian rouble holds ground ahead of Fed testimony

MOSCOW: The Russian rouble held steady ahead of testimony from U.S. Federal Reserve chief Jerome Powell later on Wednesd

Published 10 Jul, 2019 10:03am

Financial

Euro pinned near 3-week lows as big U.S. rate cut bets dim

The euro held near a three-week low against the dollar on Wednesday as investors trimmed expectations of aggressive rate

Published 10 Jul, 2019 09:31am

Financial

Sterling pinned near 2-year lows despite upbeat growth data

LONDON: Sterling held near its lowest level for more than two years on Wednesday as better-than-expected readings on the

Published 10 Jul, 2019 09:27am

Financial

Sterling slides towards 2-yr lows as outlook darkens

LONDON: The British pound fell towards its lowest levels in more than two years on Tuesday against the backdrop of a wor

Published 09 Jul, 2019 08:31pm

Financial

Euro slides to 3-week low as Fed rate repricing buoys dollar

LONDON: The euro dipped below $1.12 to a three-week low against a stronger dollar on Tuesday as investors re-assesse

Published 09 Jul, 2019 12:53pm

Financial

Sterling hurtles towards 2017 lows as outlook darkens

LONDON: The British pound fell towards its lowest levels in more than two years on Tuesday against the backdrop of a

Published 09 Jul, 2019 12:25pm

Financial

Euro slides to 3-week low as dollar jumps on Fed rate repricing

LONDON: The euro dropped to a three-week low against a broadly stronger dollar on Tuesday as investors re-assessed their

Published 09 Jul, 2019 10:13am

Financial

Russian rouble steadies ahead of Fed Chairman testimony

MOSCOW: The Russian rouble was steady in light trade on Tuesday as investors refrained from taking new positions ahead o

Published 09 Jul, 2019 10:12am

Financial

Russian rouble reverses losses despite dividend pressure

MOSCOW: The Russian rouble bounced on Monday as oil prices rose and the central bank signalled smaller forex interventio

Published 08 Jul, 2019 07:51pm

Financial

Sterling hovers above 6-month lows on Brexit fears as data eyed

LONDON: Sterling hovered near a six-month low against the dollar on Monday as investors continued to bet on lower Br

Published 08 Jul, 2019 02:59pm

Financial

Sinking yields puts euro on track for biggest weekly drop in 3 weeks

LONDON: The euro fell a fifth of a percent against the dollar on Friday and is set for its biggest weekly drop in three

Published 05 Jul, 2019 08:44pm

Financial

Sterling sinks to 2019 low after run of poor data, yield collapse

LONDON: The British pound hit a six-month low on Friday, having lost more than 1pc over the week against the dollar afte

Published 05 Jul, 2019 07:40pm

Financial

Sinking yields puts euro on track for biggest weekly drop in 3 weeks

LONDON: The euro fell a fifth of a percent against the dollar on Friday and is set for its biggest weekly drop in three

Published 05 Jul, 2019 12:00pm

Financial

Rouble pushed down by dividend payments, possible rate cut

MOSCOW: The Russian rouble edged down in thin early trading on Friday, a day after the central bank said it may cut its

Published 05 Jul, 2019 10:06am

Financial

Sterling heads for large weekly loss after poor data, bond rally

LONDON: The British pound dipped on Friday and headed for a more than 1% drop over the week against the dollar after poo

Published 05 Jul, 2019 10:02am

Financial

Euro set for biggest weekly drop in 3 weeks as yields fall

LONDON: The euro edged lower on Friday and is on track for its biggest weekly drop in three weeks as a slide in core gov

Published 05 Jul, 2019 07:38am

Financial

Russian rouble weighed down by dividend payments

MOSCOW: The Russian rouble slipped against the dollar on Thursday, weighed down by dividend payments and falling oil pri

Published 04 Jul, 2019 11:18pm

Financial

Sterling stuck near two-week lows, hobbled by increased rate cut bets

LONDON: Sterling was stuck near two-week lows on Thursday after heavy falls in recent days on growing expectations that

Published 04 Jul, 2019 11:15pm

Financial

Sterling near two-week lows on weak data, falling yields

LONDON: Sterling held near two-week lows on Thursday after weak economic data and a global drop in government bond yield

Published 04 Jul, 2019 09:38pm

Financial

Dollar weighed by sliding bond yields; jobs data eyed

LONDON: The euro was stuck near two-week lows on Thursday and the dollar drifted away from recent highs as sliding g

Published 04 Jul, 2019 03:23pm

Financial

Rate cut bets pin dollar near 1-week lows vs yen; Swedish crown gleams

LONDON: The dollar slipped to a one-week low against the Japanese yen on Wednesday, undermined by the steady fall in US

Published 03 Jul, 2019 08:28pm

Financial

Weak economic data, rate cut expectations dampen sterling

LONDON: Sterling and gilt yields fell on Wednesday as economic data reinforced money markets' view that the Bank of Engl

Published 03 Jul, 2019 10:29am

Financial

Turkey to double forex sales tax on individuals to 0.2pc -sources

ANKARA: Turkey plans to hike its bank and insurance transaction tax rates to 0.2% from 0.1% for individuals' foreign exc

Published 03 Jul, 2019 08:28am

Financial

Russian rouble near two-week lows, MOEX hits new highs

MOSCOW: The Russian rouble slid on Wednesday to its weakest level since late June, hurt by pressure from dividend paymen

Published 03 Jul, 2019 08:19am

Financial

Sterling, gilt yields tumble as markets raise rate cut bets

LONDON: Sterling extended losses against the dollar and euro on Tuesday while British government bond yields tumbled to

Published 02 Jul, 2019 07:36pm

Financial

Pound falls further as BoE's Carney flags trade, Brexit uncertainty

Sterling extended losses on Tuesday, to fall 0.4% against the dollar and euro after markets interpreted comments fro

Published 02 Jul, 2019 04:11pm

Financial

Brexit, economic fears send pound to two-week lows

LONDON: Sterling hit a two-week low against the dollar on Tuesday as surveys signalled the steepest reduction in con

Published 02 Jul, 2019 12:42pm

Financial

Yuan, dollar soar and safe-haven currencies slide after U.S.-China trade truce (July 1)

LONDON: The dollar and offshore Chinese yuan rallied on Monday after the United States and China agreed to restart their

Published 02 Jul, 2019 11:06am

Financial

Euro zone money markets now price in 50pc chance of July ECB rate cut

LONDON: Money markets now price in roughly a 50% chance of a 10 basis point cut in euro zone interest rates this month,

Published 02 Jul, 2019 09:42am

Financial

Dollar struggles after bounce; Aussie shines

LONDON: The U.S. dollar traded near a recent three-month low on Monday on weak manufacturing surveys, while the Australi

Published 02 Jul, 2019 09:06am

Financial

Pound at two-week low, weighed down by Brexit, economic doldrums

LONDON: Sterling slipped to a two-week low against the dollar on Tuesday, weighed down by uncertainty over Britain's nex

Published 02 Jul, 2019 09:05am

Financial

Sterling dives to a 2-week low on trade truce; Brexit fears

LONDON: Sterling fell to a two-week low versus the dollar on Monday as a broadly resurgent dollar sapped appetite for th

Published 01 Jul, 2019 07:24pm

Financial

Serbia's central bank buys euros to stem dinar gains

BELGRADE: Serbia's central bank bought an unspecified amount of euros on the local interbank market on Monday, to st

Published 01 Jul, 2019 02:19pm

Financial

Yuan, dollar soar and safe-haven currencies slide after U.S.-China trade truce

LONDON: The dollar and offshore Chinese yuan rallied on Monday after the United States and China agreed to restart their

Published 01 Jul, 2019 10:53am

Financial

Euro zone factory activity contracted for fifth month in June -PMI

LONDON: Factory activity in the euro zone shrank faster last month than previously thought in a broad-based downturn, ac

Published 01 Jul, 2019 10:44am

Financial

Russian rouble gains, stocks hit record higher after G20 and ahead of OPEC

MOSCOW: The Russian rouble firmed sharply on Monday and the benchmark MOEX stock index hit an all-time high, pricing tra

Published 01 Jul, 2019 10:34am

Financial

Sterling sags as dollar rises after G20 US, China agreement

LONDON: Sterling fell on Monday to a 10-day low against the stronger dollar after the United States and China agreed at

Published 01 Jul, 2019 10:21am

Financial

Sterling rises from five-month lows vs dollar, euro

LONDON: Sterling recovered on Friday from the five-month lows it reached earlier in the day against the dollar and euro,

Published 28 Jun, 2019 07:44pm

Financial

Dollar dips after price data, focus shifts to G20 meeting

LONDON: The dollar dipped on Friday after US economic data confirmed the likelihood of a July interest rate cut, alt

Published 28 Jun, 2019 03:46pm

Financial

Euro set for biggest monthly gain in 17 months as core prices firm

LONDON: The euro edged higher on Friday after core inflation gauges in the euro zone held firm in June, with the single

Published 28 Jun, 2019 11:24am

Financial

Euro zone bond yields hover near lows ahead of inflation data

LONDON: Euro zone government bond yields hovered near record lows in many cases on Friday ahead of the release of inflat

Published 28 Jun, 2019 10:08am

Financial

Euro set for biggest monthly drop in 17 months before price data

LONDON: The euro stabilised on Friday but was on track for its biggest monthly drop in 17 months as traders questioned h

Published 28 Jun, 2019 09:32am

Financial

Russian rouble steady ahead of Trump-Xi talks

MOSCOW: The Russian rouble remained flat for a second consecutive day on Friday ahead of a meeting at the weekend betwee

Published 28 Jun, 2019 09:31am

Financial

Large option bets keep pound pinned near $1.27

LONDON: The pound held near $1.27 on Thursday as traders unwound some of their short bets against the British currency b

Published 27 Jun, 2019 07:16pm

Financial

Dollar holds recent gains as hopes rise for US-China trade truce

LONDON: The dollar held on to gains made in its recovery from recent lows on Thursday on hopes that the United State

Published 27 Jun, 2019 02:26pm

Financial

Forex held by Turkish locals at record high as of June 21

ISTANBUL: Forex deposits and funds including precious metals held by Turkish individuals and institutions rose to a

Published 27 Jun, 2019 01:49pm

Financial

Pound gains before G20 meeting, large option bets

LONDON: The pound edged higher on Thursday as traders unwound some of their short bets against the British currency

Updated 27 Jun, 2019 02:36pm

Financial

Russian rouble opens flat, G20 and OPEC in focus

MOSCOW: The Russian rouble opened little changed on Thursday before a G20 summit in Japan, where investors expect progr

Published 27 Jun, 2019 11:44am

Financial

Pound gains before G20 meeting, large option bets

LONDON: The pound edged higher on Thursday as traders unwound some of their short bets against the British currency befo

Published 27 Jun, 2019 10:32am

Financial

Eurozone bond yields rise on hope for U.S.-China truce

LONDON: German government bond yields rose from all-time lows on Thursday on mounting optimism for a resolution of the U

Published 27 Jun, 2019 10:21am

Financial

Pound edges back towards five-month lows on no-deal Brexit fears

LONDON: Sterling edged back towards five-month lows on Wednesday after the top contender to replace Prime Minister There

Published 26 Jun, 2019 07:38pm

Financial

Russian rouble slips as risk-off sentiment grows

MOSCOW: The Russian rouble slipped on Wednesday as market hopes for a rate cut by the U.S. Federal Reserve faded.

Published 26 Jun, 2019 11:18am

Financial

Bitcoin reaches 18-month high as Facebook's Libra spurs interest

LONDON: Bitcoin jumped to an 18-month high on Wednesday, a surge analysts said was caused by nervous traders looking

Published 26 Jun, 2019 11:17am

Financial

Ahead of G20 summit, dollar bounces on Fed comments

LONDON: The dollar bounced from a three-month low on Wednesday as traders dialled back expectations of aggressive in

Published 26 Jun, 2019 11:14am

Financial

Dollar gains after Fed pushes back on big rate cut bets

LONDON: The dollar rose on Wednesday as expectations dwindled for aggressive cuts in U.S. interest rates after comments

Published 26 Jun, 2019 08:07am

Financial

Russian rouble opens flat as risk-off sentiment grows

MOSCOW: The Russian rouble opened flat on Wednesday as market hopes for a rate cut by the U.S. Federal Reserve subsided.

Published 26 Jun, 2019 08:02am

Financial

No-deal Brexit fears keep sterling subdued

LONDON: Sterling weakened against the dollar after hitting its highest in a month on Tuesday as the risk of a no-deal Br

Published 25 Jun, 2019 08:36pm

Financial

Dollar sags to new lows vs euro, yen on U.S. rate cut bets

LONDON: The U.S. dollar fell to a three-month low against the euro and dropped to its weakest against the Japanese yen s

Published 25 Jun, 2019 10:48am

Financial

Tentative pound rise capped as PM candidate Johnson says he is "serious" on no-deal Brexit

LONDON: Dollar weakness allowed the pound to briefly scale a one-month high on Tuesday, although the risk of no-deal Bre

Published 25 Jun, 2019 09:04am

Financial

Rouble firms to strongest levels against dollar since Aug

MOSCOW: The Russian rouble firmed on Tuesday to levels not seen since August last year, supported by demand related to m

Published 25 Jun, 2019 08:58am

Financial

Dollar crumbles to new lows vs euro, yen on rate cut bets

LONDON: The U.S. dollar fell to a three-month low against the euro and dropped to its weakest against the Japanese yen s

Published 25 Jun, 2019 07:42am

Financial

Euro zone bank profitability may weaken on slowdown: ECB

FRANKFURT: Profitability across the euro zone bank sector is low and weakening growth could further dampen the sector's

Published 25 Jun, 2019 07:38am

Financial

Pound hovers near 1-mth high vs weak dollar, languishes vs euro

LONDON: Sterling hovered just off one-month highs reached earlier on Monday against the dollar, with traders reluctant t

Published 24 Jun, 2019 08:09pm

Financial

Sterling pulls back from 1-month high vs dollar

LONDON: Sterling pulled back from a one-month high on Monday hit largely on the back of a selloff in the dollar, with tr

Published 24 Jun, 2019 11:17am

Financial

Turkey's lira jumps on opposition win in Istanbul vote, emerging FX steady

Turkish assets rallied on Monday after the main opposition beat President Tayyip Erdogan's ruling AK Party in Istanbul's

Published 24 Jun, 2019 11:08am

Financial

Turkey dollar-bonds hit multi-month highs after Istanbul opposition win

LONDON: Dollar-denominated bonds issued by Turkey's government rose across the curve on Monday after the opposition Repu

Published 24 Jun, 2019 09:31am

Financial

Dollar struggles after biggest weekly drop in 4 months; G20 eyed

LONDON: The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as t

Published 24 Jun, 2019 07:38am

Financial

Rouble falls on renewed US sanctions threat

MOSCOW: The rouble fell on Friday after centrist US House Democrats backed legislation that would impose more sanctions

Published 21 Jun, 2019 07:47pm

Financial

Swiss franc rises as SNB stays on the sidelines

ZURICH: The Swiss National Bank intervened very little to weaken the Swiss franc during the first quarter of 2019, f

Published 21 Jun, 2019 03:50pm

Financial

Sterling falls after Johnson moves closer to becoming British PM

LONDON: Sterling on Friday slipped to a whisker off recent five-month lows against the euro after Brexiteer Boris Jo

Published 21 Jun, 2019 03:26pm

Financial

Dollar heads for big weekly loss, political tensions briefly boost yen

LONDON: The dollar was headed for a big weekly loss on Friday and the euro a solid gain after a dovish shift by the

Published 21 Jun, 2019 01:19pm

Financial

Euro zone business growth picked up in June, still weak - flash PMIs

LONDON: Euro zone business activity picked up a touch this month but firms were at their least optimistic in nearly five

Published 21 Jun, 2019 09:25am

Financial

Sterling slips after BoE holds rates but cuts growth forecast

LONDON: Sterling's rally faltered on Thursday despite the Bank of England striking a less dovish tone than other cen

Published 20 Jun, 2019 04:16pm

Financial

Dollar posts biggest 2-day drop in a year as Fed sparks hedge funds rout

LONDON: The dollar sank broadly against its rivals on Thursday and is on track for its biggest two-day drop in a yea

Published 20 Jun, 2019 02:25pm

Financial

Sterling slips back after BoE holds rates but slashes Q2 growth forecast

LONDON: Sterling gave up some of its gains versus the dollar and dropped against the euro on Thursday after the Bank

Published 20 Jun, 2019 01:58pm

Financial

Turkish lira firms after Fed rate cut signal

ISTANBUL: Turkey's lira firmed more than 0.8% on Thursday after the Federal Reserve signalled possible interest rate cut

Published 20 Jun, 2019 08:22am

Financial

Russian rouble hits 10-month high after dovish Fed statement

MOSCOW: The Russian rouble hit a 10-month high on Thursday, helped by signals that the U.S. Federal Reserve was ready to

Published 20 Jun, 2019 08:17am

Financial

Dollar on track for biggest 2-day drop this year on dovish Fed

LONDON: The dollar sank on Thursday and is on track for its biggest two-day drop this year after the U.S. Federal Reserv

Published 20 Jun, 2019 08:07am

Financial

Rouble, buoyed by bond auction, touches near 2-month high

MOSCOW: The rouble hit a near two-month high on Wednesday as Russia's Finance Ministry held two treasury bond auctions t

Published 19 Jun, 2019 03:58pm

Financial

Sterling rises for a second day before central bank meeting

LONDON: The pound rallied more than half a percent on Wednesday as investors trimmed their short bets before the Bank of

Published 19 Jun, 2019 03:56pm

Financial

Dollar near 2-week high as investors wait for Fed after dovish ECB

LONDON: The euro hovered near two-week lows against the dollar on Wednesday as investors waited to see if the US Federal

Published 19 Jun, 2019 03:31pm

Financial

Rouble hovers near 2-month highs ahead of bond auction

MOSCOW: The rouble hovered close to two-month highs in early trade on Wednesday as Russia's finance ministry prepared to

Published 19 Jun, 2019 03:18pm

Financial

Sterling rises for a second day as central banks turn dovish

LONDON: The pound edged higher for a second day on Wednesday, breaking a six-week losing streak, as investors trimmed so

Published 19 Jun, 2019 02:51pm

Financial

Dollar near two-week high before Fed and after dovish ECB

LONDON: The dollar traded near two-week highs against the euro on Wednesday as investors waited to see whether the US Fe

Published 19 Jun, 2019 02:20pm

Financial

Euro zone current account surplus narrows in April

FRANKFURT: The euro zone's adjusted current account surplus narrowed to 20.9 billion euros in April from 24.7 billion eu

Published 19 Jun, 2019 11:08am

Financial

Rouble hovers near 2-month highs ahead of bond auction

MOSCOW: The rouble hovered close to two-month highs in early trade on Wednesday as Russia's finance ministry prepared to

Published 19 Jun, 2019 11:01am

Financial

Sterling rises for a second day as central banks turn dovish

LONDON: The pound edged higher for a second day on Wednesday, breaking a six-week losing streak, as investors trimmed so

Published 19 Jun, 2019 10:07am

Financial

Turkish lira weakens on report detailing possible U.S. sanctions

ISTANBUL: The Turkish lira weakened on Wednesday after Bloomberg said the United States is considering sanctions that co

Published 19 Jun, 2019 08:01am

Financial

Sterling stuck near 5-month lows as Johnson cements lead in race to become PM

LONDON: Sterling barely budged from near five-month lows after arch-Brexiteer Boris Johnson was confirmed as the fro

Published 18 Jun, 2019 09:53pm

Financial

Russian rouble at near two-month high, bonds in focus

MOSCOW: The Russian rouble hit a near two-month high on Tuesday after the finance ministry announced treasury bond aucti

Published 18 Jun, 2019 02:59pm

Financial

Sterling heads for 2019 lows as Johnson in pole position in UK leadership contest

LONDON: Signs that arch-Brexiteer Boris Johnson may be a step closer to becoming Britain's next prime minister sent the

Published 18 Jun, 2019 02:38pm

Financial

Russian rouble heads towards two-month high

MOSCOW: The Russian rouble was heading towards a two-month high on Tuesday as investors became cautious ahead of a US Fe

Published 18 Jun, 2019 02:21pm

Financial

German 10-yr yield hits -0.30% on Draghi's stimulus klaxon

LONDON: The euro dropped and German government bond yields hit -0.30% for the first time on Tuesday after European Centr

Published 18 Jun, 2019 11:23am

Financial

Dollar heads towards 3-month lows before Fed meeting; Draghi eyed

LONDON: The dollar weakened against its rivals on Tuesday, heading back towards a recent three-month low before a U.S. c

Published 18 Jun, 2019 09:51am

Financial

Dollar heads towards 3-month lows before Fed meeting; Draghi eyed

LONDON: The dollar weakened against its rivals on Tuesday, heading back towards a recent three-month low before a U.S. c

Published 18 Jun, 2019 09:15am

Financial

Russian rouble steadies, Fed meeting in focus

MOSCOW: The Russian rouble steadied against the U.S. dollar on Tuesday, after hitting a one-month high the previous day,

Published 18 Jun, 2019 08:43am

Financial

Pound falls to 5-1/2 month low as Johnson's lead grows

LONDON: The pound dived to a near six-month low against the dollar on Monday as concerns grew that arch-Brexiteer Boris

Published 17 Jun, 2019 03:35pm

Financial

Rouble near 8-week high, OFZ bonds in focus after central bank's rate cut

MOSCOW: The Russian rouble firmed towards multi-week highs on Monday after Friday's central bank rate cut boosted demand

Published 17 Jun, 2019 02:55pm

Financial

Dollar hits two-week high as traders eye Fed meeting

LONDON: The US dollar rose to a two-week high on Monday as strong economic data led investors to think again about how d

Published 17 Jun, 2019 02:26pm

Financial

Dollar hits two-week high as traders eye Fed meeting

LONDON: The U.S. dollar rose to a two-week high on Monday as strong economic data led investors to think again about how

Published 17 Jun, 2019 11:25am

Financial

Dollar reaches two-week high as investors prepare for Fed meeting

LONDON: The U.S. dollar rose to a two-week high on Monday after strong economic data last week led investors to reassess

Published 17 Jun, 2019 08:16am

Financial

Pound near 5-month lows vs euro as UK leadership race begins

LONDON: The pound held near a five-month low against the euro on Thursday after Boris Johnson won by far the most suppor

Published 13 Jun, 2019 03:48pm

Financial

Yen rallies as sentiment sours, jobs data knocks Aussie

LONDON: The yen rallied on Thursday as fading hopes of a US-China trade deal at this month's G20 meeting and massive str

Published 13 Jun, 2019 02:39pm

Financial

Rouble retreats from two-week high, adjusting to oil price swings

MOSCOW: The Russian rouble weakened on Thursday, falling from a two-week high it reached earlier this week as traders we

Published 13 Jun, 2019 02:37pm

Financial

Sterling fades as Conservatives vote in UK leadership contest

LONDON: The pound slipped on Thursday as concern grew about a leadership contest in Britain that may lead to a disorderl

Published 13 Jun, 2019 01:58pm

Financial

Aussie whacked as jobs data raise rate cut bets, yen in demand

LONDON: The Australian dollar was the big loser on Thursday after mixed employment data raised expectations for an inter

Published 13 Jun, 2019 12:49pm

Financial

Pound trading volumes shrink as Brexit delay sends investors to sidelines

LONDON: Trading in the British pound has fallen sharply since March when Britain delayed its exit from the European Unio

Published 13 Jun, 2019 12:44pm

Financial

Sterling creeps up as UK opposition attempts to block no-deal Brexit

LONDON: The pound rose towards a three-week high on Wednesday after Britain's main opposition party said it would try to

Published 12 Jun, 2019 03:49pm

Financial

Dollar slips for 2nd day on growing US rate cut bets

LONDON: The dollar edged lower for a second consecutive day on Wednesday on growing expectations of a US rate cut next w

Published 12 Jun, 2019 02:12pm

Financial

Sterling edges up as UK opposition tries to block no-deal Brexit

LONDON: The pound rose towards a three-week high on Wednesday after Britain's main opposition party said it would try to

Published 12 Jun, 2019 01:45pm

Financial

‘Perfect storm’ for dollar as bets on US rate cuts grow

LONDON: The dollar fell on Wednesday as rising trade tensions between Washington and Beijing and growing bets on a US in

Published 12 Jun, 2019 12:43pm

Financial

Sterling edges up as UK opposition tries to block no-deal Brexit

LONDON: The pound rose towards a three-week high on Wednesday after Britain's main opposition party said it would try to

Published 12 Jun, 2019 10:52am

Financial

Dollar slips for 2nd day on growing U.S. rate cut bets

LONDON: The dollar edged lower for a second consecutive day on Wednesday on growing expectations of a U.S. rate cut next

Published 12 Jun, 2019 08:29am

Financial

Dollar near 2 1/2-month lows as bets on rate cut grow

LONDON: The dollar held above a recent two-and-a-half-month low on Tuesday as bets on an interest rate cut by the Federa

Published 11 Jun, 2019 04:12pm

Financial

Rouble at two-week high, stocks down before state holiday

MOSCOW: The Russian rouble strengthened to a two-week high against the US dollar on Tuesday, boosted by growing risk app

Published 11 Jun, 2019 03:56pm

Financial

Sterling bounces off five-month low vs euro after April pay data

LONDON: Sterling pulled away from five-month lows versus the euro on Tuesday after British wages in the three months to

Published 11 Jun, 2019 03:37pm

Financial

Mounting US rate cut bets cap dollar before G20 meeting

LONDON: The dollar steadied above a recent two-and-a-half-month low on Tuesday as investors focused on a Group of 20 sum

Published 11 Jun, 2019 03:33pm

Financial

Rouble at two-week high, stocks down before state holiday

MOSCOW: The Russian rouble strengthened to a two-week high against the U.S. dollar on Tuesday, boosted by growing risk a

Published 11 Jun, 2019 09:19am

Financial

Sterling on the back foot ahead of labour market data

LONDON: Sterling hit a new five-month low against the euro and struggled versus the dollar on Tuesday, as rival candidat

Published 11 Jun, 2019 09:07am

Financial

Euro zone investor moral dives in June on trade dispute fears

BERLIN: Investor morale in the euro zone deteriorated sharply in June, falling well short of expectations, due to a rene

Published 11 Jun, 2019 09:04am

Financial

Dollar near 2 1/2-month lows as bets on rate cut grow

LONDON: The dollar held above a recent two-and-a-half-month low on Tuesday as bets on an interest rate cut by the Federa

Published 11 Jun, 2019 07:54am

Financial

Rouble hovers near two-week high ahead of central bank rate meeting

MOSCOW: The Russian rouble was steady on Monday, hovering near its two-week high against the US dollar, ahead of the cen

Published 10 Jun, 2019 12:57pm

Financial

Euro falls back from 2-1/2 month highs, yuan nears 2019 low

LONDON: The euro pulled back from 2-1/2 month highs on Monday as a US-Mexico deal over migration boosted the dollar and

Published 10 Jun, 2019 12:23pm

Financial

Rouble hovers near two-week high ahead of c.bank rate meeting

MOSCOW: The Russian rouble was steady on Monday, hovering near its two-week high against the U.S. dollar, ahead of the c

Published 10 Jun, 2019 09:35am

Financial

Weak growth knocks sterling ahead of UK leadership contest

LONDON: The pound fell on Monday after data showed the British economy slowed sharply in April and analysts said further

Published 10 Jun, 2019 09:00am

Financial

Dollar drops as rate cut bets mount, yen hits five-month high

LONDON: The US dollar fell to a three-week low on Tuesday as rising bets on an interest rate cut by the Federal Reserve

Published 04 Jun, 2019 04:37pm

Financial

Sterling struggles as Trump weighs in on Brexit

LONDON: The pound dropped to a 20-week low against the euro on Tuesday amid weak UK data and growing fears of a disrupti

Published 04 Jun, 2019 01:37pm

Financial

Rouble firms from month low, stocks slip from record high

MOSCOW: The Russian rouble firmed on Tuesday after touching its weakest level in a month the day before and stocks eased

Published 04 Jun, 2019 01:32pm

Financial

Dollar drops as rate cut bets mount, weak inflation halts euro's rally

LONDON: The US dollar weakened to its lowest since mid-April on Tuesday as investors bet the Federal Reserve could soon

Published 04 Jun, 2019 11:54am

Financial

Rouble up from month low as Kremlin says US investor Calvey should be freed

MOSCOW: The Russian rouble clawed back early losses on Monday after the Kremlin called an embezzlement case against prom

Published 03 Jun, 2019 01:59pm

Financial

Crown drifts down after weak Czech PMI data

PRAGUE/BUDAPEST: The Czech crown slipped 0.1pc on Monday, nearing its lowest in more than three months, after data show

Published 03 Jun, 2019 11:22am

Financial

Pummelled pound set for biggest monthly loss against euro in two years

LONDON: The pound was on track for its biggest monthly loss against the euro in two years on Friday, also losing ground

Published 31 May, 2019 04:04pm

Financial

Yen surges as Trump's Mexico threat fuels recession fears

LONDON: The Japanese yen jumped against the dollar and the Mexican peso plunged after US President Donald Trump's shock

Published 31 May, 2019 12:48pm

Financial

Pound heads for biggest monthly loss vs euro in two years, beset by Brexit

LONDON: The euro rose against sterling for a second straight day on Friday as the battle to succeed Prime Minister There

Published 31 May, 2019 12:20pm

Financial

Russian rouble, stocks down as oil prices head lower

MOSCOW: The Russian rouble weakened on Friday, pricing in a drop in oil prices and lower global demand for risky assets.

Published 31 May, 2019 08:38am

Financial

Yen surges as Trump's Mexico threat fuels recession fears

LONDON: The Japanese yen jumped against the dollar and the Mexican peso plunged after U.S. President Donald Trump's shoc

Published 31 May, 2019 08:33am

Financial

Russian rouble slightly down, MOEX index hits fresh record

MOSCOW: The Russian rouble eased slightly on Thursday but remained above two-week lows it hit the day before, gaining su

Published 30 May, 2019 01:58pm

Financial

Dollar set for 4th consecutive monthly rise on trade tensions

LONDON: The dollar edged towards a one-week high on Thursday as the trade tensions between China and the United States p

Published 30 May, 2019 08:16am

Financial

Pound volatility gauges flash amber as political uncertainty rises

LONDON: A gauge measuring the difference between expected swings in the British pound between three and six-month maturi

Published 29 May, 2019 12:04pm

Financial

Russian rouble slips ahead of govt bond auctions

MOSCOW: Russia's rouble fell to a two-week low on Wednesday on emerging market jitters linked to the US-China trade war,

Published 29 May, 2019 11:04am

Financial

Russian rouble weakens ahead of treasury bond auction

MOSCOW: Russia's rouble fell for a second day on Wednesday, hurt by emerging market jitters, as the finance ministry pre

Published 29 May, 2019 08:59am

Financial

Pound volatility gauges climb as political uncertainty grows

LONDON: The pound held near a four-month low against the euro on Wednesday as rising British political uncertainty promp

Published 29 May, 2019 08:51am

Financial

Euro dips on Italian debt worries and trade tensions

LONDON: The euro dipped on Tuesday as investors nervous about trade tensions bought into the safe-haven dollar and frett

Published 28 May, 2019 11:45am

Financial

Pound pressured as hard Brexiters emboldened in race to succeed May

LONDON: Sterling languished just off four-month lows on Tuesday, with the outcome of last week's European election seen

Published 28 May, 2019 11:43am

Financial

Euro dips on Italy debt worries and trade tensions

LONDON: The euro dipped on Tuesday as investors nervous about trade tensions bought into the safe-haven dollar and frett

Published 28 May, 2019 09:16am

Financial

Russian rouble slips on oil despite corporate tax payments

MOSCOW: The Russian rouble slipped in early trading on Tuesday, tracking a dip in oil prices and brushing off support fr

Published 28 May, 2019 09:09am

Financial

Euro bounce proves brief after pro-Europe parties retain majority

LONDON: The euro struggled to cling on to gains on Monday as investor relief at limited success for eurosceptic parties

Published 27 May, 2019 03:13pm

Financial

Euro holds after pro-Europe parties retain majority in election

LONDON: The euro struggled to hold on to $1.12 on Monday as investor relief at limited gains for eurosceptic parties in

Published 27 May, 2019 11:09am

Financial

Russian rouble steady in thin trade

MOSCOW: The Russian rouble was steady against the dollar in thin trade on Monday, lacking momentum as holidays in the U

Published 27 May, 2019 08:17am

Financial

Dollar slips as weak data boosts US rate cut bets

LONDON: The dollar edged away from two-year highs on Friday after weak US manufacturing activity data sparked worries th

Published 24 May, 2019 12:35pm

Financial

Russian rouble up on stronger oil, local tax payments

MOSCOW: The Russian rouble strengthened on Friday after posting big falls a day earlier, supported by local month-end ta

Published 24 May, 2019 12:33pm

Financial

Pound set to break record losing streak vs euro; May statement eyed

LONDON: The British pound was on track to snap a record losing streak against the euro on Friday as British Prime Minist

Published 24 May, 2019 12:30pm

Financial

Pound up 0.4pc after PM May resigns but gains seen short-lived

LONDON: The pound was up 0.4pc against the euro on Friday after 14 days of losses as Prime Minister Theresa May set out

Published 24 May, 2019 11:53am

Financial

Euro zone bond yields keep lows in sight as growth, trade worries persist

LONDON: Euro zone bond yields inched up on Friday but remained within sight of multi-year lows against a backdrop of dee

Published 24 May, 2019 09:12am

Financial

Russian rouble up on stronger oil, local tax payments

MOSCOW: The Russian rouble strengthened on Friday after posting big falls a day earlier, supported by local month-end ta

Published 24 May, 2019 08:35am

Financial

Dollar hits one-month high as uncertainty plagues Europe and Asia

LONDON: The dollar hit its highest level in a month as economic and political uncertainties swept through Europe and Asi

Published 23 May, 2019 12:00pm

Financial

Russian rouble dips amid trade row, Brexit fears

MOSCOW: The Russian rouble edged down in early trading on Thursday, hurt by global investor fears over Brexit and the US

Published 23 May, 2019 11:29am

Financial

Sterling plunges again as pressure mounts on PM May to step down

LONDON: Sterling plunged again in early London trading on Thursday as pressure mounted on Prime Minister Theresa May to

Published 23 May, 2019 11:25am

Financial

Sterling drops again as pressure mounts on PM May to step down

LONDON: Sterling weakened again on Thursday as pressure mounted on Prime Minister Theresa May to name a date for her dep

Published 23 May, 2019 11:05am

Financial

Turkish lira weakens again over concerns on U.S. ties

ISTANBUL: Turkey's lira weakened nearly 1% on Thursday on concerns over a deterioration in ties with the United States d

Published 23 May, 2019 07:55am

Financial

Sterling falls to new 4-month low as political uncertainty deepens

LONDON: Sterling fell a quarter of a percent to a four-month low on Wednesday as political uncertainty deepened after Pr

Published 22 May, 2019 11:59am

Financial

Euro weakened by clashing policies in euro zone: French Finance Minister

PARIS: The euro is being weakened by clashing political and economic policies in the euro zone economic bloc, French fin

Published 22 May, 2019 11:53am

Financial

Sterling hits lowest since Jan flash crash as Brexit plan disintegrates

LONDON: Sterling hit its lowest level since a January flash crash on Wednesday as Prime Minister Theresa May's last-ditc

Published 22 May, 2019 11:35am

Financial

Yen, franc firm as trade tensions fester; pound sinks

LONDON: The Japanese yen and the Swiss franc firmed on Wednesday as risk appetite remained weak in the backdrop of feste

Published 22 May, 2019 11:29am

Financial

Pound set for biggest losing streak vs euro as Brexit plan disintegrates

LONDON: Sterling fell broadly on Wednesday and was on track for its biggest ever losing streak against the euro as Prime

Published 22 May, 2019 10:53am

Financial

Sterling gains after May proposes new Brexit deal

LONDON: Sterling jumped more than half a percent against the euro and the dollar on Tuesday after Bloomberg, citing sour

Published 21 May, 2019 03:40pm

Financial

Firmer dollar and Brexit fears push sterling under $1.27

LONDON: Sterling fell below $1.27 for the first time since mid-January, battered by dollar strength and expectations tha

Published 21 May, 2019 12:15pm

Financial

Pound at 4-month lows as political clouds gather

LONDON: Sterling fell below $1.27 for the first time since mid-January, battered by dollar strength and growing fears th

Published 21 May, 2019 11:29am

Financial

Rouble steady on demand for government bonds

MOSCOW: The rouble was stable in early trade on Tuesday, supported by demand for Russian sovereign bonds but squeezed by

Published 21 May, 2019 09:41am

Financial

Turkish lira firms slightly as investors weigh forex move

ISTANBUL: The lira firmed slightly on Tuesday after Turkey's banking watchdog imposed a settlement delay for FX purchase

Published 21 May, 2019 08:29am

Financial

Turkey imposes settlement delay on FX purchases more than $100,000

ANKARA: Turkey's BDDK banking watchdog on Monday imposed a settlement delay for FX purchases by individuals of more

Published 20 May, 2019 07:41pm

Financial

Russian rouble firms, bonds jump to highest since August

MOSCOW: The Russian rouble firmed on Monday, buttressed by high oil prices and demand for Russian sovereign bonds which

Published 20 May, 2019 03:12pm

Financial

Aussie set for biggest rise in 2019 after shock election win

LONDON: The Australian dollar surged on Monday and is on track for its biggest rise this year as investors cheered a sho

Published 20 May, 2019 09:43am

Financial

Sterling rises off 5-month lows after biggest weekly drop this year

LONDON: Sterling inched above five-month lows on Monday as British Prime Minister Theresa May makes a last-ditch attempt

Published 20 May, 2019 09:26am

Financial

Russian rouble climbs on oil, stocks up

MOSCOW: The Russian rouble firmed on Monday, buttressed by high oil prices despite pressure on emerging markets caused b

Published 20 May, 2019 09:25am

Financial

Britain raised FX warchest ahead of first Brexit deadline

LONDON: Britain ramped up its foreign currency reserves in the last quarter of 2018 at a faster pace than any other

Published 17 May, 2019 04:19pm

Financial

Sterling set for worst week of 2019 as Brexit talks collaps

LONDON: Sterling hit a four-month low on Friday after cross-party Brexit talks collapsed and concern grew about the

Published 17 May, 2019 01:23pm

Financial

Yen gains as euro and yuan troubled by European vote and trade

LONDON: The Japanese yen strengthened on Friday, attracting safe-haven buying amid concerns over trade tensions and

Published 17 May, 2019 01:19pm

Financial

Euro zone April inflation confirmed at 1.7 pct, core rate revised up

BRUSSELS: Euro zone prices rose by 1.7 percent in April, EU statistics agency Eurostat confirmed on Friday, while slight

Published 17 May, 2019 10:18am

Financial

Euro zone worried Greek spending plans may threaten surplus target

BRUSSELS: Euro zone finance ministers are worried that recent tax and spending measures from Greece could threaten the c

Published 17 May, 2019 08:16am

Financial

Euro firms on auto tariff delay hopes but election worries cap gains

LONDON: The euro edged higher against the dollar and sterling on Thursday as the threat of US tariffs on autos was pushe

Published 16 May, 2019 08:49pm

Financial

Pound falls below $1.28 as pressure builds on PM May to go

LONDON: The pound neared a four-month low on Thursday as Britain's Prime Minister Theresa May battled to keep her Brexit

Published 16 May, 2019 08:35pm

Financial

Rouble near two-week highs after successful OFZ bond auctions

MOSCOW: The Russian rouble firmed slightly on Thursday, hovering near two-week peaks it climbed on the back of demand fo

Published 16 May, 2019 09:27am

Financial

Pound at 3-mth lows as May's fate, Brexit deal hang in balance

LONDON: The pound plumbed three-month lows on Thursday as the fate of Britain's Prime Minister Theresa May and her Brexi

Published 16 May, 2019 09:17am

Financial

More woe for Aussie dollar as market bets swell on RBA rate cut

LONDON: The Australian dollar hit a fresh five-month low on Thursday as investors came close to fully pricing in a rate

Published 16 May, 2019 08:08am

Financial

Rouble hits 2-week highs, govt OFZ bonds draw record demand

MOSCOW: The Russian rouble reached two-week highs on Wednesday as investors snapped up Russian government OFZ bonds, hel

Published 15 May, 2019 09:19pm

Financial

Sterling hits 3-month low as Brexit deadlock saps support for PM May

LONDON: The pound fell sharply on Wednesday on growing expectations that Prime Minister Theresa May will again fail

Published 15 May, 2019 03:35pm

Financial

German data fails to lift euro from 1-week low

LONDON: The euro held at a one-week low on Wednesday, ignoring data from Germany that showed the economy returned to

Published 15 May, 2019 01:44pm

Financial

Aussie pinned at 3-month lows on weak China data

LONDON: The Australian dollar fell to its lowest level in three months on Wednesday as grim data from China increased wo

Published 15 May, 2019 09:49am

Financial

Rouble hits 2-week highs ahead of OFZ government bond auctions

MOSCOW: The Russian rouble firmed to a two-week high against the dollar on Wednesday, buoyed by demand related to govern

Published 15 May, 2019 09:33am

Financial

Pound drops amid fears PM May's Brexit deal will be voted down, again

LONDON: The pound remained near a two-week low on Wednesday, and investors said more losses were likely if Prime Ministe

Published 15 May, 2019 09:12am

Financial

Turkey raises a forex sales tax in another lifeline for lira

ISTANBUL: Turkey has raised to 0.1% from zero a tax on some foreign exchange sales, marking the country's latest policy

Published 15 May, 2019 09:11am

Financial

Yuan strengthens on trade talk hopes

LONDON: China's yuan and the Australian dollar regained some poise on Tuesday after US President Donald Trump suggested

Published 14 May, 2019 10:11pm

Financial

Sterling hovers near 2-week low as wage growth dips

LONDON: Sterling held near a two-week low on Tuesday as British employment data showed wage growth in the quarter ending

Published 14 May, 2019 10:10pm

Financial

Turkey's lira firms as banks sell forex, S-400 talks continue

ISTANBUL: Turkey's lira firmed on Tuesday as investors weighed up reports that Ankara was evaluating Washington's propos

Published 14 May, 2019 06:25pm

Financial

Russian rouble firms, Gazprom shares hit 7-yr high

MOSCOW: The Russian rouble firmed on Tuesday, buoyed by looming tax payments and weekly government bond auctions, while

Published 14 May, 2019 06:22pm

Financial

Russian rouble firms, Gazprom shares hit 7-yr high

MOSCOW: The Russian rouble firmed on Tuesday, buoyed by looming tax payments and weekly government bond auctions, wh

Published 14 May, 2019 03:43pm

Financial

Turkey's lira firms as banks sell forex, S-400 talks continue

ISTANBUL: Turkey's lira firmed slightly on Tuesday as investors weighed up reports that Ankara was evaluating Washin

Published 14 May, 2019 03:07pm

Financial

Chinese yuan falls to 2019 low on US-China trade setback

LONDON: China's yuan was set for its worst daily fall in nine months on Monday as trade negotiations between the US and

Published 13 May, 2019 09:20pm

Financial

Sterling steady as cross-party Brexit deal hopes linger

LONDON: Sterling was little changed on Monday after a newspaper report suggested the British parliament might still

Published 13 May, 2019 05:01pm

Financial

Crown falls as Czech inflation slows, KGHM leads stocks decline

BUDAPEST: The crown touched 6-week lows against the euro on Monday as Czech inflation unexpectedly slowed, while the

Published 13 May, 2019 03:07pm

Financial

Russian rouble falls on US-China trade dispute, Rosneft shares outperform

MOSCOW: The Russian rouble weakened on Monday as emerging market currencies suffered after an escalation in the trad

Published 13 May, 2019 02:54pm

Financial

Turkish lira firmer, below 6.0 against dollar in early trade

ISTANBUL: The lira strengthened further below 6.0 against the dollar in early trade on Monday, extending gains late last

Published 13 May, 2019 09:30am

Financial

Sterling edges higher after GDP pick-up, but Brexit concerns weigh

LONDON: The British pound was little changed on Friday after data showed the UK economy got a boost ahead of a Brexit th

Published 10 May, 2019 07:11pm

Financial

Sterling little moved by GDP pick-up as Brexit concerns weigh

LONDON: The British pound was little changed on Friday even after data showed the UK economy got a boost ahead of a Brex

Published 10 May, 2019 10:12am

Financial

Euro needs fixing to win over sceptics: ECB's Praet

FRANKFURT: The euro zone needs to pull closer together, starting with a common backstop for its banks, if it is to win o

Published 10 May, 2019 08:51am

Financial

Euro poised for 2nd week of gains as China-U.S. trade talks eyed

LONDON: The euro edged higher on Friday and is poised for a second consecutive week of gains on growing fears that any e

Published 10 May, 2019 08:28am

Financial

Turkish state banks sold $1 billion to support lira overnight - sources

ANKARA: Turkey's state banks, including the largest lender by assets Ziraat Bank, sold $1 billion on Thursday and overni

Published 10 May, 2019 08:03am

Financial

Russian rouble slips against dollar in thin trade

MOSCOW: The Russian rouble opened slightly lower against the U.S. dollar on Friday in thin holiday trade after having re

Published 10 May, 2019 07:52am

Financial

Turkey suspends one-week repo after lira hits eight-month low

ISTANBUL: Turkey's central bank suspended one-week repo auctions on Thursday to support the lira after it slipped 1

Published 09 May, 2019 03:52pm

Financial

Turkish central bank adjusts reserve requirements to boost lira

ISTANBUL: Turkey's central bank lowered a foreign exchange maintenance facility within its so-called reserve options

Published 09 May, 2019 03:18pm

Financial

Sterling struggles as Brexit talks go nowhere

LONDON: The British pound dropped to its weakest this month on Thursday amid doubts that Brexit negotiations between

Published 09 May, 2019 03:18pm

Financial

Turkish lira volatility gauges jump as spot rate sinks again

LONDON: Turkish lira implied volatility gauges jumped on Thursday after the country's central bank suspended its 1-w

Published 09 May, 2019 11:50am

Financial

Turkish lira weakens beyond 6.24 against dollar, weakest since Sept 24

ISTANBUL: Turkey's currency weakened beyond 6.24 against the dollar on Thursday, hitting its weakest level in eight mont

Published 09 May, 2019 10:10am

Financial

Pound slides to one-week low as Brexit talks falter

LONDON: Sterling slumped on Wednesday on signs that Brexit talks between Britain's government and the main oppositio

Published 08 May, 2019 03:41pm

Financial

Sterling falls on barren Brexit talks, pressure on PM May

LONDON: Sterling fell on Wednesday as Brexit negotiations lumbered on with little sign of a breakthrough and concern gre

Published 08 May, 2019 11:00am

Financial

Russian rouble firms during long holidays, FX purchases in focus

MOSCOW: The Russian rouble strengthened on Wednesday ahead of a long holiday weekend in Russia with forex purchases for

Published 08 May, 2019 10:58am

Financial

Sterling slides to day's low on Brexit nerves, pressure on PM May

LONDON: Sterling slid nearly half a percent on Monday on rising concerns about the progress of Brexit negotiations and w

Published 07 May, 2019 07:19pm

Financial

Turkish lira, markets fall after vote results scrapped

ISTANBUL: Turkish financial markets tumbled on Tuesday after the elections board ruled to scrap and re-run Istanbul

Published 07 May, 2019 11:21am

Financial

Russian rouble and stocks steady in thin trade

MOSCOW: The Russian rouble was little changed in thin trade on Tuesday ahead of the announcement of treasury bond auctio

Published 07 May, 2019 10:55am

Financial

Turkish markets stumble after decision to re-run Istanbul vote

ISTANBUL: Turkish financial markets tumbled on Tuesday after the country's elections board ruled to scrap and re-run Ist

Published 07 May, 2019 10:31am

Financial

Pound steadies near $1.31 as Brexit talks resume

LONDON: The pound remained stuck near $1.31 as Brexit talks resumed on Monday between the British government and the mai

Published 07 May, 2019 10:28am

Financial

Aussie surges after central bank holds rates; yuan stabilises

LONDON: The Australian dollar surged on Tuesday after the country's central bank held interest rates at a record low, wh

Published 07 May, 2019 09:34am

Financial

Rouble eases amid US-China tensions, Aeroflot shares fall

MOSCOW: The Russian rouble weakened in light trade on Monday amid a global rise in risk aversion, though avoiding th

Published 06 May, 2019 02:58pm

Financial

Turkish lira weakens to 6 vs dollar for first time since October

ISTANBUL: The Turkish lira slipped on Monday to a low of 6.02 against the dollar before recovering a bit, the first

Published 06 May, 2019 02:37pm

Financial

Trump tariff threats sends yuan reeling; yen up

LONDON: The Japanese yen gained on Monday while the Chinese yuan was set for its biggest drop in 10 months after US

Published 06 May, 2019 02:27pm

Financial

Pound jumps after Labour's Corbyn says UK parliament must get Brexit deal done

LONDON: Sterling jumped on Friday, rallying past $1.31 and hitting a new one-month high versus the euro after the leader

Published 03 May, 2019 08:49pm

Financial

Sterling surges to a 1-month high on Brexit deal hopes

LONDON: Sterling surged past $1.3150 on Friday after the leader of Britain's opposition party said parliament must b

Published 03 May, 2019 04:19pm

Financial

Euro succumbs to dollar lifted by upbeat US payrolls talk

LONDON: A brief rally in the euro petered out on Friday with political uncertainty and the threat of economic declin

Published 03 May, 2019 02:34pm

Financial

Eurozone inflation jumps to 1.7pc in April: Eurostat

BRUSSELS: Inflation in the eurozone jumped to 1.7 percent, the Eurostat data agency showed on Friday, fuelled by a surpr

Published 03 May, 2019 10:28am

Financial

Sterling outlook loses shine as Brexit uncertainty prolonged

LONDON: Sterling's outlook lost some of its sheen in the past month after uncertainty surrounding Britain's departure fr

Published 03 May, 2019 08:15am

Financial

Sterling edges down after Bank of England holds rates citing Brexit

LONDON: The British pound weakened slightly on Thursday after the Bank of England lifted its growth forecasts but warned

Published 02 May, 2019 08:42pm

Financial

Sterling knocked off kilter as BoE holds rates citing Brexit

LONDON: Sterling slipped from a two-week high on Thursday after the Bank of England lifted its growth forecasts but warn

Published 02 May, 2019 07:50pm

Financial

Dollar recovers after overnight stumble; BOE eyed

LONDON: The dollar recovered on Thursday after suffering some brief losses overnight with traders focusing on relatively

Published 02 May, 2019 09:05am

Financial

Sterling rises after PM May comments boost hopes of Brexit breakthrough

LONDON: The pound hit a two-week high on Wednesday as investors sensed in comments by Prime Minister Theresa May sig

Published 01 May, 2019 04:41pm

Financial

Euro pops above $1.12 as growth data supports

LONDON: The euro extended gains to top $1.12 on Tuesday after first quarter growth numbers for the euro zone were strong

Published 30 Apr, 2019 07:46pm

Financial

Currencies firm on euro rise, Polish inflation surprise

BUDAPEST: Central European currencies firmed on Tuesday as the euro rebounded against the dollar and Poland released hig

Published 30 Apr, 2019 07:45pm

Financial

Sterling jumps on reports of progress in Brexit talks

LONDON: Sterling rose above $1.30, hitting a two-week high, on Tuesday after media reports that the tone of Brexit talks

Published 30 Apr, 2019 07:40pm

Financial

Sterling rallies on hopes Brexit talks have progressed

LONDON: Sterling reached a one-week high back above $1.30 on Tuesday after media reports that the tone of Brexit tal

Published 30 Apr, 2019 04:36pm

Financial

Russian rouble down ahead of May holidays, Sberbank underperforms

MOSCOW: The Russian rouble weakened and stocks indexes headed lower on Tuesday, paring the previous day's gains, bef

Published 30 Apr, 2019 04:08pm

Financial

How to train your machine: JPMorgan FX algos learn to trade better

LONDON: JPMorgan Chase, a top player in the $5.1 trillion-a-day global currency market has started applying a new te

Published 30 Apr, 2019 01:17pm

Financial

Russian rouble down ahead of May holidays, Sberbank underperforms

MOSCOW: The Russian rouble weakened and stocks indexes headed lower on Tuesday, paring the previous day's gains, before

Published 30 Apr, 2019 08:29am

Financial

Sterling holds gains vs dollar before cenbank mtg

LONDON: Sterling rose to a three-day high against the dollar on Monday but was little changed against other major curren

Published 29 Apr, 2019 09:40pm

Financial

Russian rouble firms before public holidays

MOSCOW: The Russian rouble firmed against the dollar on Monday in thin trading ahead of public holidays, while stocks ro

Published 29 Apr, 2019 09:24pm

Financial

Dollar rally stalls underlining slowdown fears

LONDON: A rally in the dollar faltered on Monday with strong US data doing little to lift the currency or convince i

Published 29 Apr, 2019 01:30pm

Financial

Russian rouble flat before public holidays

MOSCOW: The Russian rouble was flat against the dollar on Monday before public holidays, while stocks rose along with th

Published 29 Apr, 2019 10:39am

Financial

Sterling gains against dollar, little changed elsewhere

LONDON: Sterling rose to a three-day high against the dollar on Monday but was little changed against other major curren

Published 29 Apr, 2019 10:26am

Financial

Dollar rally pauses underlining slowdown fears

LONDON: A rally in the dollar faltered on Monday with strong U.S. data doing little to lift the currency or convince inv

Published 29 Apr, 2019 10:16am

Financial

Eurozone loan growth lets up pace in March

FRANKFURT: The pace of growth in lending to eurozone households and businesses fell back in March, European Central Bank

Published 29 Apr, 2019 09:34am

Financial

Sterling headed for worst week in a month as Brexit drags on

LONDON: The British pound was headed for its biggest weekly drop in a month on Friday, dragged down by growing concern a

Published 26 Apr, 2019 09:54pm

Financial

Dollar dips ahead of US GDP print, shares subdued

LONDON: The dollar retreated from 23-month highs on Friday ahead of keenly awaited US gross domestic product data fo

Published 26 Apr, 2019 03:40pm

Financial

Russian rouble flat ahead of c.bank key rate decision

MOSCOW: The Russian rouble was flat against the dollar in early trade on Friday ahead of a central bank board meeting wh

Published 26 Apr, 2019 08:04am

Financial

Investors brace for more euro pain as US economy, dollar flex muscles

LONDON: After the euro's slide to 22-month lows against the dollar, investors are scrambling to shield themselves from m

Published 25 Apr, 2019 09:22pm

Financial

Sterling stuck near 10-week low on Brexit woes and resurgent dollar

LONDON: The British pound was stuck near $1.29 -- a 10-week low -- on Thursday after reports Prime Minister's Theresa Ma

Published 25 Apr, 2019 08:30pm

Financial

Strong dollar sends emerging currency index to three-month low

LONDON: A sudden leap in the dollar fuelled by concerns over the health of the global economy battered emerging market c

Published 25 Apr, 2019 07:51pm

Financial

Turkish lira weakens ahead of test for central bank

ISTANBUL: Turkey's lira weakened against the dollar on Thursday, hours before a central bank policy decision that could

Published 25 Apr, 2019 08:20am

Financial

Euro stung by German growth fears, political uncertainty

LONDON: The euro languished near a 22-month low on Thursday, weighed down by ailing growth in Germany and the spectre of

Published 25 Apr, 2019 08:16am

Financial

Euro heads towards one-month low as sentiment sours

LONDON: The euro fell towards a one-month low on Wednesday as the contrast between solid economic data in the United Sta

Published 24 Apr, 2019 10:03pm

Financial

Sterling stuck near 2-month lows as dollar and Brexit weigh

LONDON: The pound held at a two-month low on Wednesday, weighed down by a broad-based rally in the dollar and fading hop

Published 24 Apr, 2019 07:46pm

Financial

Russian rouble falls to one-week low vs dollar

MOSCOW: The Russian rouble fell to a one-week low against the dollar on Wednesday, losing ground along with other emergi

Published 24 Apr, 2019 07:23pm

Financial

Russian rouble slips despite month-end taxes, bond auctions

MOSCOW: The Russian rouble slipped against the dollar on Wednesday along with other emerging market currencies, desp

Published 24 Apr, 2019 02:56pm

Financial

Turkish lira at weakest level in six months on election, US strains

ISTANBUL: The Turkish lira hit its weakest intraday level against the dollar since mid-October on Wednesday as inves

Published 24 Apr, 2019 02:45pm

Financial

Aussie stung by soft inflation, U.S. dollar holds near 22-month high

LONDON: Australia's dollar dropped one percent on Wednesday after weaker-than-expected inflation numbers heightened the

Published 24 Apr, 2019 08:03am

Financial

Sterling slides to two-month low as Brexit pressure builds on PM May

LONDON: Sterling slid to a two-month low on Tuesday as hopes for a breakthrough in Brexit talks between the ruling a

Published 23 Apr, 2019 04:21pm

Financial

Dollar gains with FX volatility holding near five-year lows

LONDON: The dollar held near three-week highs on Tuesday as a drop in market volatility ramped up demand for riskier

Published 23 Apr, 2019 02:56pm

Financial

Rouble near one-year peak vs euro; stocks hit record high

MOSCOW: The Russian rouble traded near a one-year high against the euro on Tuesday and the benchmark MOEX stock index r

Published 23 Apr, 2019 09:56am

Financial

Sterling stuck below $1.30 as British parliament returns

LONDON: Sterling was stuck under $1.30 on Tuesday as Britain's parliament returned from its Easter break and the ruling

Published 23 Apr, 2019 09:48am

Financial

Italy, Greece debt rose in 2018, bucking euro zone trend- Eurostat

BRUSSELS: Public debt in Greece and Italy, the two most indebted countries of the euro zone, grew last year while the bl

Published 23 Apr, 2019 09:16am

Financial

Dollar gains as FX volatility drops

LONDON: The dollar held near three-week highs on Tuesday as a drop in market volatility ramped up demand for riskier ass

Published 23 Apr, 2019 08:26am

Financial

State FX purchases push Russian rouble lower in thin trade

MOSCOW: The Russian rouble weakened slightly on Friday, under pressure from buying of forex for state reserves in a mark

Published 19 Apr, 2019 08:54am

Financial

Sterling staggers near $1.30 despite strong UK retail sales

LONDON: Sterling fell on Thursday as the dollar's rally gathered momentum, with strong British retail sales data doing

Published 18 Apr, 2019 03:22pm

Financial

Lira weakens on renewed worries over Turkey's reserves

ANKARA/ISTANBUL: The Turkish lira weakened as much as 2 percent on Thursday as concerns about the central bank's foreign

Published 18 Apr, 2019 10:08am

Financial

Sterling slumbers on despite strong UK retail sales

LONDON: Sterling scarcely moved on Thursday with strong British retail sales data doing little to shake the currency out

Published 18 Apr, 2019 09:57am

Financial

Eurozone business growth lowest since 2014: survey

BRUSSELS: Eurozone business growth was at its lowest level since 2014, a closely watched survey said on Thursday, dragge

Published 18 Apr, 2019 09:43am

Financial

Euro zone businesses started second quarter with tepid growth - PMI

LONDON: Euro zone businesses started this quarter on the back foot, with growth unexpectedly slowing again as demand bar

Published 18 Apr, 2019 09:01am

Financial

Russian rouble down ahead of Easter in Europe and Mueller report

MOSCOW: The Russian rouble weakened on Thursday as investors awaited a report on Moscow's role in the 2016 U.S. election

Published 18 Apr, 2019 09:00am

Financial

Euro up for a second day; PMI eyed

LONDON: The euro edged higher for a second straight day on Thursday, but gains were tiny before manufacturing survey da

Published 18 Apr, 2019 08:57am

Financial

Sterling steady before retail sales data

LONDON: Sterling steadied on Thursday as traders prepared to see if British retail sales data could shake the currency o

Published 18 Apr, 2019 08:42am

Financial

Argentine peso strengthens after new cenbank measures to curb inflation

BUENOS AIRES: Argentina's peso strengthened 1 percent on Wednesday to 41.95 per U.S. dollar, traders said, after ope

Published 17 Apr, 2019 09:02pm

Financial

Rouble climbs to near-month high after bond auctions

MOSCOW: The Russian rouble strengthened to its highest level in nearly a month against the dollar on Wednesday after

Published 17 Apr, 2019 08:53pm

Financial

Price pressures fail to shake sterling out of slumber

LONDON: Sterling struggled to make much headway on Wednesday after data showed British prices rose slightly slower t

Published 17 Apr, 2019 08:44pm

Financial

Turkish lira up as opposition candidate to claim Istanbul mandate

ISTANBUL: The Turkish lira climbed to 5.7175 against the dollar on Wednesday after the opposition Republican People's Pa

Published 17 Apr, 2019 03:18pm

Financial

Sterling kept in check after inflation holds below BoE target

LONDON: Sterling struggled to make much headway on Wednesday after data showed British prices rose slightly slower than

Published 17 Apr, 2019 02:51pm

Financial

Rouble climbs to near-month high after bond auctions

MOSCOW: The Russian rouble strengthened to its highest level in nearly a month against the dollar on Wednesday after str

Published 17 Apr, 2019 02:47pm

Financial

Forint outperforms in cautious region ahead of euro zone PMIs

BUDAPEST: The forint set a new 3-week high against the euro on Wednesday, outperforming Central European peers as it ben

Published 17 Apr, 2019 02:33pm

Financial

Sterling kept in check after inflation holds below BoE target

LONDON: Sterling struggled to make much headway on Wednesday after data showed British prices rose slightly slower than

Published 17 Apr, 2019 10:17am

Financial

Portugal sells 1.25bn euros of T-bills, yields slip

LISBON: Portugal sold all 1.25 billion euros ($1.41 billion) on offer of three- and 11-month Treasury bills in an auctio

Published 17 Apr, 2019 10:03am

Financial

Sterling edges higher ahead of inflation data

LONDON: Sterling ticked higher on Wednesday as investors prepared for March inflation data to gauge price pressures in t

Published 17 Apr, 2019 08:58am

Financial

Aussie jumps after China data restores some volatility to FX markets

LONDON: The Australian dollar rose to a two-month high on Wednesday after Chinese economic growth beat forecasts and ind

Published 17 Apr, 2019 07:52am

Financial

Sterling slips on Brexit talks concerns; volatility drops

LONDON: Sterling slipped on Tuesday after a newspaper report that Brexit talks between Prime Minister Theresa May's

Published 16 Apr, 2019 09:03pm

Financial

Forint rebounds, boosted by rise in debt yields

BUDAPEST: The forint hit a 3-week high against the euro on Tuesday, rebounding from falls last week caused by data s

Published 16 Apr, 2019 08:58pm

Financial

Aussie dollar struggles after RBA caution, other currencies tread water

LONDON: Major currencies traded within narrow ranges on Tuesday, before European and Chinese data that may indicate

Updated 16 Apr, 2019 09:08pm

Financial

Sterling volatility measures fall to 15-month lows

LONDON: Expectations for volatility in the British pound plummeted to their lowest levels in more than a year on Tuesday

Published 16 Apr, 2019 01:53pm

Financial

Sterling brushes aside sturdy jobs data; volatility drops

LONDON: Expectations for volatility in the British pound plummeted to their lowest levels in more than a year on Tuesday

Published 16 Apr, 2019 01:53pm

Financial

Rouble steady, stocks up ahead of govt bond auctions details

MOSCOW: The Russian rouble was steady and stock indexes moved higher on Tuesday, looking for momentum ahead of details o

Published 16 Apr, 2019 01:48pm

Financial

Forint rebounds, boosted by rise in debt yields

BUDAPEST: The forint hit a 3-week high against the euro on Tuesday, rebounding from falls last week caused by data s

Published 16 Apr, 2019 01:40pm

Financial

Euro slips on report that ECB policymakers doubt euro zone growth

LONDON: The euro fell on Tuesday after several European Central Bank policymakers expressed doubt about a projected grow

Published 16 Apr, 2019 01:39pm

Financial

Sterling brushes aside sturdy jobs data; volatility drops

LONDON: Expectations for volatility in the British pound plummeted to their lowest levels in more than a year on Tuesday

Published 16 Apr, 2019 09:36am

Financial

Aussie dollar struggles after RBA caution, other currencies tread water

LONDON: Major currencies traded within narrow ranges on Tuesday, before European and Chinese data that may indicate the

Published 16 Apr, 2019 08:49am

Financial

Rouble steady, stocks up ahead of govt bond auctions details

MOSCOW: The Russian rouble was steady and stock indexes moved higher on Tuesday, looking for momentum ahead of details o

Published 16 Apr, 2019 08:48am

Financial

Sterling volatility measures fall to 15-month lows

LONDON: Expectations for volatility in the British pound plummeted to their lowest levels in more than a year on Tuesday

Published 16 Apr, 2019 08:39am

Financial

Sterling rises above $1.31 with Brexit talks in focus

LONDON: The British pound climbed above $1.31 on Monday, although trading was quiet without any significant Brexit-r

Published 15 Apr, 2019 09:07pm

Financial

Forint rebounds, Hungary's 10-year yield sets 4-month high

BUDAPEST: The forint gained on Monday, benefiting from increased appetite for risky assets, while a rise in inflatio

Published 15 Apr, 2019 09:03pm

Financial

Sterling rises above $1.31 with Brexit talks in focus

LONDON: The British pound climbed above $1.31 on Monday, although trading was quiet without any significant Brexit-relat

Published 15 Apr, 2019 03:15pm

Financial

Forint rebounds, Hungary's 10-year yield sets 4-month high

BUDAPEST: The forint gained on Monday, benefiting from increased appetite for risky assets, while a rise in inflatio

Published 15 Apr, 2019 03:12pm

Financial

Russian rouble edges up as tax payments begin

Moscow: The Russian rouble firmed on Monday, supported by the start of local month-end tax payments. At 0745 GMT, the

Published 15 Apr, 2019 02:07pm

Financial

Forint tracks CEE FX rebound, off three-month low vs zloty

BUDAPEST: The forint gained on Monday, benefiting from a global flow of money from safe-haven currencies into more risky

Published 15 Apr, 2019 01:46pm

Financial

Yen drops towards 2019 low as bullish mood hits safe havens

LONDON: The yen dropped towards its 2019 low on Monday and the Swiss franc reached its weakest in nearly a month as a ra

Published 15 Apr, 2019 10:33am

Financial

Yen stuck near 2019 lows as risk rally hits safe havens

LONDON: The yen dropped towards its 2019 low on Monday and the Swiss franc hit its weakest in nearly a month as a rally

Published 15 Apr, 2019 09:08am

Financial

Russian rouble edges up as tax payments begin

Moscow: The Russian rouble firmed on Monday, supported by the start of local month-end tax payments. At 0745 GMT, the

Published 15 Apr, 2019 08:28am

Financial

Sterling lifted above $1.31 as immediate Brexit risks recede

LONDON: The British pound rallied on Friday as the immediate risks around Brexit receded after the postponement of the d

Published 12 Apr, 2019 03:46pm

Financial

Turkish lira leads declines in emerging market currencies

Turkey led declines in most emerging market currencies on Friday, with the lira sliding as investor disappointment over

Published 12 Apr, 2019 01:43pm

Financial

Russian rouble edges up amid rising oil prices

MOSCOW: The Russian rouble was up on Friday while stocks posted small gains, tracking oil price movements ahead of the w

Published 12 Apr, 2019 01:38pm

Financial

Lira slide sees Turkey CDS climb 13 bps to highest since pre-election turmoil

LONDON: The cost of insuring exposure to Turkey's sovereign debt rose to the highest level since the pre-election market

Published 12 Apr, 2019 01:33pm

Financial

Euro surges in surprise move driven by flows linked to Japan

LONDON: The euro rose sharply on Friday in a move dealers said may have been driven by anticipated currency demand arisi

Published 12 Apr, 2019 01:22pm

Financial

Currencies ease on euro bounce, stocks join European rise

BUDAPEST: Central European currencies and government bonds eased on Friday amid a flow of money into the euro, governmen

Published 12 Apr, 2019 01:21pm

Financial

Euro gains in surprise move driven by flows linked to Japan

LONDON: The euro gained on Friday in a move dealers said may have be driven by anticipated currency demand arising from

Published 12 Apr, 2019 10:57am

Financial

Sterling struggles for direction as volatility falls further

LONDON: The British pound struggled to find direction on Friday as the immediate risks around Brexit were pushed back by

Published 12 Apr, 2019 10:46am

Financial

Euro zone industry output falls by less than expected in mild Feb

BRUSSELS: Euro zone industrial output declined in February but by less than expected, as mild weather meant that a surge

Published 12 Apr, 2019 10:03am

Financial

Turkish lira slides again, down 3 pct so far this week

ISTANBUL: The Turkish lira weakened to as much as 5.80 against the dollar on Friday, following dwindling confidence in t

Published 12 Apr, 2019 08:42am

Financial

Turkish lira hit by dwindling FX reserves, confidence

ISTANBUL: Turkey's lira dipped to its weakest level in more than two weeks on Thursday on concerns over the country'

Published 11 Apr, 2019 09:21pm

Financial

Six-month Brexit delay sends sterling into the doldrums

LONDON: The pound stumbled below $1.31 on Thursday after a delay of up to six months to Brexit left traders scratchi

Published 11 Apr, 2019 09:03pm

Financial

Euro flat on ECB patience; pound unimpressed by Brexit delay

LONDON: The dollar and euro were little changed on Thursday after the Federal Reserve and the European Central Bank hint

Published 11 Apr, 2019 08:19am

Financial

Rouble slides from two-week highs, stocks down from record peak

MOSCOW: The Russian rouble eased slightly on Thursday after a one-percent advance the day before, driven by a record pla

Published 11 Apr, 2019 08:15am

Financial

Sterling rises as EU set to grant Britain a second Brexit delay

LONDON: Sterling strengthened on Wednesday but remained within its recent trading range as investors prepared for th

Published 10 Apr, 2019 07:43pm

Financial

Russian rouble to average 65.1 vs dollar in 2019: EconMin

MOSCOW: The Russian economy ministry said on Tuesday it expects the rouble to average 65.1 versus the dollar in 2019

Published 10 Apr, 2019 07:35pm

Financial

Turkish lira briefly weakens as finance minister outlines reform plan

ISTANBUL: Turkey's lira briefly weakened to 5.72 against the dollar as Finance Minister Berat Albayrak outlined a re

Published 10 Apr, 2019 07:23pm

Financial

Euro zone bonds poised ahead of ECB but little detail expected

LONDON: Euro zone rates investors were poised for a busy trading day on Wednesday ahead of a slew of key economic data,

Published 10 Apr, 2019 09:14am

Financial

Russian rouble rises on oil, treasury bond auctions

MOSCOW: The Russian rouble opened stronger against the dollar on Wednesday, reflecting high oil prices and investor expe

Published 10 Apr, 2019 08:27am

Financial

Sterling stuck as EU set to grant Britain a second Brexit delay

LONDON: Sterling edged higher on Wednesday but remained stuck within its recent trading range as investors prepared for

Published 10 Apr, 2019 08:22am

Financial

Russian rouble to average 65.1 vs dollar in 2019 -EconMin

MOSCOW: The Russian economy ministry said on Tuesday it expects the rouble to average 65.1 versus the dollar in 2019, a

Published 09 Apr, 2019 05:05pm

Financial

Forint retreats on doubt CPI rise will bring tighter policy

BUDAPEST: The forint approached 3-month lows on Tuesday due to doubts that the National Bank of Hungary (NBH) will tight

Published 09 Apr, 2019 04:56pm

Financial

Sterling rises as May chases Brexit extension

LONDON: The British pound rose Tuesday as Prime Minister Theresa May launched a new diplomatic push to avert a no-deal B

Published 09 Apr, 2019 02:29pm

Financial

Sterling trims gains as May set to argue for Brexit delay

LONDON: Sterling trimmed early gains on Tuesday after a German government spokesman denied a media report that Chancello

Published 09 Apr, 2019 01:45pm

Financial

Commodity currencies propelled by crude oil price rally

LONDON: The Australian and Canadian dollars rose on Tuesday, aided by a surge in oil prices to five-month highs that lif

Published 09 Apr, 2019 01:33pm

Financial

Russian rouble up as oil prices rise; bonds in focus

MOSCOW: The Russian rouble opened stronger against the dollar on Tuesday, supported by high oil prices and investor expe

Published 09 Apr, 2019 08:53am

Financial

Euro zone banks expect to ease business loan standards in Q2: ECB

FRANKFURT: Euro zone banks expect to ease credit standards for business loans and consumer credit in the second quarter

Published 09 Apr, 2019 08:46am

Financial

Forint, Hungarian bonds ease ahead of CPI data, auction

BUDAPEST/PRAGUE: The forint hit a 12-week-low against the zloty and Hungarian government bond prices fell on Monday,

Published 08 Apr, 2019 09:19pm

Financial

Russian rouble edges up, MOEX hits record high

MOSCOW: The Russian rouble crept up against the dollar on Monday after shrugging off lower purchases of foreign cur

Published 08 Apr, 2019 09:13pm

Financial

Pound perched above $1.3 as crunch Brexit talks continue

LONDON: Sterling held above $1.3 on Monday but traded in a narrow range reflecting nervousness in the market about k

Published 08 Apr, 2019 09:00pm

Financial

Turkish lira weakens as Erdogan questions Istanbul election

ISTANBUL: The Turkish lira weakened more than 1 percent against the dollar on Monday after President Tayyip Erdogan kept

Published 08 Apr, 2019 04:35pm

Financial

Euro edges higher from 1-month lows; outlook cloudy

LONDON: The euro edged higher from a one-month low hit last week as investors squared positions before a European Centra

Published 08 Apr, 2019 04:34pm

Financial

Pound edges higher at start of Brexit-heavy week

LONDON: The pound rose on Monday as investors weighed the risks of another Brexit-themed week, with many willing to bet

Published 08 Apr, 2019 02:29pm

Financial

Pound holds above $1.3 as crunch Brexit talks continue

LONDON: Sterling held above $1.3 on Monday but traded in a narrow range reflecting nervousness in the market about key B

Published 08 Apr, 2019 08:57am

Financial

Rouble under pressure despite higher oil, MOEX hits record high

MOSCOW: The Russian rouble eased slightly in early trade on Monday, shrugging off lower foreign currency purchases by th

Published 08 Apr, 2019 08:48am

Financial

Pound softens as London seeks new Brexit delay

LONDON: The British pound crumbled Friday after London requested another extension in the long-running Brexit saga, whil

Published 05 Apr, 2019 02:45pm

Financial

Sterling unfazed by UK request for Brexit delay

LONDON: Sterling strengthened on Friday as Prime Minister Theresa May asked the European Union to delay Brexit until lat

Published 05 Apr, 2019 02:15pm

Financial

Russian rouble up supported by lower FX buying

MOSCOW: The Russian rouble firmed in early trading on Friday a day after a fall, supported by a decrease in forex purcha

Published 05 Apr, 2019 02:12pm

Financial

Norway to cut 10 currencies from wealth fund's fixed-income benchmark

OSLO: Norway's sovereign wealth fund, the world's largest, should streamline its $300 billion fixed-income portfolio by

Published 05 Apr, 2019 02:07pm

Financial

Forint, zloty decline amid mixed signals about growth

BUDAPEST: Central European currencies diverged on Friday, with the forint and zloty falling while the crown and the leu

Published 05 Apr, 2019 02:02pm

Financial

Russian rouble up supported by lower FX buying

MOSCOW: The Russian rouble firmed in early trading on Friday a day after a fall, supported by a decrease in forex purcha

Published 05 Apr, 2019 09:42am

Financial

Sterling unfazed by UK request for Brexit delay

LONDON: Sterling strengthened on Friday as Prime Minister Theresa May asked the European Union to delay Brexit until lat

Published 05 Apr, 2019 09:31am

Financial

Euro zone future at stake unless quick reforms -France's Le Maire

BUCHAREST: France's Finance Minister Bruno Le Maire on Friday said that the future of the euro zone was at stake if the

Published 05 Apr, 2019 08:37am

Financial

Russian rouble falls after S&P rating warning

MOSCOW: The Russian rouble fell on Thursday towards its weakest levels since the first half of March, pressured by a

Published 04 Apr, 2019 08:29pm

Financial

Sterling falls, breaks 3-day rising streak on long Brexit delay concerns

LONDON: The pound fell more than half a percent on Thursday, snapping a three-day rising streak, as concerns rose th

Published 04 Apr, 2019 08:25pm

Financial

Rouble eases along with other emerging forex, sanctions in focus

MOSCOW: The Russian rouble eased slightly on Thursday along with other emerging market currencies as the market continue

Published 04 Apr, 2019 11:16am

Financial

Sterling rises for a 4th day as odds on hard Brexit grow

LONDON: Sterling rose for a fourth day on Thursday after Britain's lower house of parliament approved legislation which

Published 04 Apr, 2019 10:55am

Financial

Turkish central bank raises lira swap sale limit to 40pc

ISTANBUL: Turkey's central bank has raised the lira swap sale limit to 40 percent from 30 percent for transactions that

Published 04 Apr, 2019 07:37am

Financial

Sterling steadies as PM May meets opposition leader in Brexit gamble

LONDON: Sterling held below $1.31 on Wednesday as Prime Minister Theresa May sought a Brexit compromise with opposit

Updated 03 Apr, 2019 08:56pm

Financial

Pound rises versus dollar on May's Brexit gamble

LONDON: The British pound rose against the dollar Wednesday after Prime Minister Theresa May offered cross-party talks w

Published 03 Apr, 2019 03:26pm

Financial

Russian finance ministry to lower daily FX purchases in April

MOSCOW: Russia's finance ministry said on Wednesday it would buy 11.6 billion roubles ($178.04 million) worth of foreign

Published 03 Apr, 2019 01:43pm

Financial

Twitchy sterling sends traders running for cover

LONDON: Only fools will rush in where speculators fear to tread. The danger zone is currently sterling, which investors

Published 03 Apr, 2019 12:50pm

Financial

Sterling gains on soft Brexit speculation

LONDON: Sterling held near the day's highs on Wednesday as traders interpreted Prime Minister Theresa May's announcement

Published 03 Apr, 2019 12:47pm

Financial

Rouble gains amid higher oil, Sberbank shares outperform

MOSCOW: The Russian rouble firmed slightly on Wednesday away from three-week lows as it followed other emerging market c

Published 03 Apr, 2019 12:43pm

Financial

Sterling adds to gains after PM May announces Brexit talks with Labour

LONDON: Sterling rose further on Wednesday as traders welcomed Prime Minister Theresa May's announcement that she would

Published 03 Apr, 2019 07:36am

Financial

Euro falls below $1.12 as US economic data outperforms

LONDON: The euro fell to a three-and-a-half week low and stood precariously near its weakest since June 2017 on Tues

Published 02 Apr, 2019 08:46pm

Financial

Turkish lira down as US halts fighter parts delivery, threatens sanctions

ISTANBUL: The lira dropped nearly 3 percent on Tuesday after the United States halted delivery of equipment related

Published 02 Apr, 2019 07:59pm

Financial

Sterling gains, euro pares losses as May seeks Brexit delay

NEW YORK: Sterling gained and the euro pared losses, but remained lower on the day, after British Prime Minister The

Published 02 Apr, 2019 07:34pm

Financial

Leu firms after NBR uses liquidity controls to tighten policy

BUDAPEST: The leu firmed on Tuesday after Romania's central bank (NBR) said monetary policy has been tightened through s

Published 02 Apr, 2019 04:32pm

Financial

Sterling slips towards $1.30 as Brexit deadlock deepens

LONDON: The pound fell on Tuesday as British Prime Minister Theresa May came under pressure to resolve the Brexit crisis

Published 02 Apr, 2019 04:17pm

Financial

Goldman Sachs: Lira offshore liquidity squeeze could have lasting impact on economy

LONDON: Goldman Sachs said it expected the squeeze in lira offshore liquidity and volatility to hit Turkey's domestic ec

Published 02 Apr, 2019 02:00pm

Financial

Euro falls below $1.12 as US economic data outperforms

LONDON: The euro fell to a three-and-a-half week low and stood precariously near its weakest since June 2017 on Tuesday,

Published 02 Apr, 2019 01:57pm

Financial

Euro zone producer prices rise as expected in Feb on energy

BRUSSELS: Euro zone producer prices rose as expected in February, driven mainly by a jump in energy costs, data from the

Published 02 Apr, 2019 10:33am

Financial

Sterling falls towards $1.30 as Brexit deadlock deepens

LONDON: The pound fell on Tuesday as British Prime Minister Theresa May came under pressure to resolve the Brexit crisis

Published 02 Apr, 2019 09:42am

Financial

Sterling plunges as lawmakers fail to find majority on Brexit alternatives

LONDON: The British pound plunged more than 1 percent on Monday as Britain's exit from the European Union remained d

Published 01 Apr, 2019 11:42pm

Financial

Aussie dollar buoyed by China data, sterling rises before Brexit votes

LONDON: The euro held above a three-week low on Monday as improved Chinese factory activity lifted sentiment, with t

Updated 01 Apr, 2019 11:44pm

Financial

Rouble up from 3-week lows, still under pressure from US sanctions

MOSCOW: The Russian rouble stabilised on Monday at a short distance from three-week lows hit late last week, regaini

Published 01 Apr, 2019 09:42pm

Financial

Sterling strengthens as May faces pressure to go for soft Brexit

LONDON: The British pound rose on Monday as investors prepared for parliament to vote on a series of Brexit options,

Published 01 Apr, 2019 08:36pm

Financial

Turkish lira turns positive; Istanbul slips from Erdogan

ISTANBUL: The Turkish lira firmed on Monday, clawing back early losses after President Tayyip Erdogan's AK Party lost co

Published 01 Apr, 2019 04:51pm

Financial

Turkish lira slips a bit after local elections bruise Erdogan

ISTANBUL: The Turkish lira weakened 0.3 percent against the dollar early on Monday after local elections in which Presid

Published 01 Apr, 2019 01:09pm

Financial

Turkish lira slips a bit after local elections bruise Erdogan

ISTANBUL: The Turkish lira weakened 0.3 percent against the dollar early on Monday after local elections in which Presid

Published 01 Apr, 2019 07:14am

Financial

Pound falls after UK parliament rejects Brexit plan

LONDON: The pound fell Friday after Britain's parliament again rejected a proposed deal to withdraw from the Europea

Published 29 Mar, 2019 07:55pm

Financial

Turkish lira weakens again after rocky pre-election week

ISTANBUL: The Turkish lira weakened again on Friday and the government promised reforms, after a volatile week that brou

Published 29 Mar, 2019 04:23pm

Financial

Turkish lira weakens again after rocky pre-election week

ISTANBUL: The Turkish lira weakened again on Friday and the government promised reforms after a volatile week that broug

Published 29 Mar, 2019 01:30pm

Financial

Sterling up 0.5 pct on Sun report of growing support for PM May's deal

LONDON: Sterling rallied to the day's high on Friday after the Sun Newspaper's political editor reported former Brexit s

Published 29 Mar, 2019 01:17pm

Financial

Currencies ease as Polish inflation rise fails to give boost

BUDAPEST: Central European currencies eased on Friday as worries about an economic slowdown in Europe stopped rising inf

Published 29 Mar, 2019 01:08pm

Financial

Sterling faces biggest monthly drop in 5 months before May's Brexit deal vote

LONDON: The pound gained on Friday on growing hopes of support for British Prime Minister Theresa May's last-gasp attemp

Published 29 Mar, 2019 12:57pm

Financial

Pound climbs before vital Brexit vote

LONDON: The pound climbed solidly on Friday before a crucial vote on Britain's Brexit future. Stock markets meanwhile

Published 29 Mar, 2019 12:46pm

Financial

Russian rouble up from 10-day lows, stocks post gains

MOSCOW: The Russian rouble firmed on Friday, bouncing off 10-day lows, as oil prices resumed gains and global sentiment

Published 29 Mar, 2019 08:25am

Financial

Lira wobbles as U.S. ties with Turkey fray

ISTANBUL: Turkish President Tayyip Erdogan's fiery anti-U.S. rhetoric helped spark a currency collapse in 2018 that plun

Published 29 Mar, 2019 07:26am

Financial

Russian rouble slips further after tax payments end

MOSCOW: The Russian rouble fell to a 10-day low against the dollar on Thursday as support from month-end tax payment

Published 28 Mar, 2019 08:36pm

Financial

Dollar rallies as dovish central banks whack rivals

LONDON: The dollar rose on Thursday as other currencies struggled, following more dovish soundings from central ban

Published 28 Mar, 2019 08:33pm

Financial

Forint falls as central bank calls inflation risk balanced

BUDAPEST: The forint fell on Thursday after National Bank of Hungary Deputy Governor Marton Nagy said inflation risk

Published 28 Mar, 2019 07:42pm

Financial

Pound sinks as government rules out meaningful Brexit vote on Friday

LONDON: Sterling sank to a one-week low on Thursday as the prospects for a swift agreement on Brexit faded with the

Published 28 Mar, 2019 07:19pm

Financial

Russian rouble edges up after losing to risk aversion

MOSCOW: The Russian rouble edged up against the dollar on Thursday after having slipped the day before because of global

Published 28 Mar, 2019 11:34am

Financial

British pound falls as May's offer to quit fails to break Brexit deadlock

LONDON: Sterling fell in early London trading on Thursday after Prime Minister Theresa May's offer to quit failed to con

Published 28 Mar, 2019 11:02am

Financial

Euro zone bond yields hold near multi-year lows on ECB rate tiering talk

LONDON: Core euro zone government bond yields held near multi-year lows on Thursday as speculation mounted that the ECB

Published 28 Mar, 2019 10:02am

Financial

Dollar buoyed as dovish central banks, risk aversion hit rivals

LONDON: The dollar rose on Thursday as rival currencies struggled following more dovish soundings from central banks, wh

Published 28 Mar, 2019 09:53am

Financial

Euro zone business lending rebounds in February

FRANKFURT: Corporate lending growth in the euro zone rebounded last month, European Central Bank data showed on Thursday

Published 28 Mar, 2019 09:20am

Financial

Turkish lira weakens to 5.4 against the dollar

ISTANBUL: The Turkish lira weakened 1 percent against the dollar early on Thursday, but losses were limited as Turkish a

Published 28 Mar, 2019 07:17am

Financial

Forint sets 2-month low after dovish central bank hike

BUDAPEST: The forint extended its losses, hitting a two-month low against the euro on Wednesday after the Hungarian

Published 27 Mar, 2019 09:33pm

Financial

Sterling underwhelmed as PM May offers to quit if her Brexit deal passes

LONDON: The pound inched up on Wednesday after British Prime Minister Theresa May said she would step down if lawmak

Published 27 Mar, 2019 08:55pm

Financial

Turkey's lira clampdown to last through elections

ANKARA: Turkey will continue directing its banks to withhold lira liquidity from a key overseas market at least until af

Published 27 Mar, 2019 12:27pm

Financial

Turkish lira volatile as stop-gap measures pinch sellers

ISTANBUL: The Turkish lira eased around one percent early on Wednesday, giving back some of the ground it had gained thi

Published 27 Mar, 2019 09:16am

Financial

Russian rouble dips vs dollar, bonds in focus

MOSCOW: The Russian rouble dipped slightly against the dollar on Wednesday as investors' appetite for riskier assets fel

Published 27 Mar, 2019 08:55am

Financial

Forint slides as central bank tightening is one-off

BUDAPEST: The forint eased close to a percent versus the euro after the Hungarian central bank (NBH) said the move t

Published 26 Mar, 2019 08:21pm

Financial

Pound gains on hints of support for PM May's Brexit deal

LONDON: Sterling bounced against the euro on Tuesday after two eurosceptic lawmakers indicated they might agree to s

Published 26 Mar, 2019 08:18pm

Financial

Russian rouble pares gains, steps away from seven-month highs

MOSCOW: The rouble weakened on Tuesday, erasing earlier gains and sliding below its highest level against the dollar sin

Published 26 Mar, 2019 04:53pm

Financial

Forint slides as central bank tightening is one-off

BUDAPEST: The forint eased close to a percent versus the euro after the Hungarian central bank (NBH) said the move to ti

Published 26 Mar, 2019 04:36pm

Financial

Russian rouble pares gains, steps away from seven-month highs

MOSCOW: The rouble weakened on Tuesday, erasing earlier gains and sliding below its highest level against the dollar sin

Published 26 Mar, 2019 03:15pm

Financial

Pound rebounds above $1.32 on Brexit deal hopes

LONDON: Sterling rallied above $1.32 on Tuesday on fresh hope that British Prime Minister Theresa May would avoid a chao

Published 26 Mar, 2019 01:52pm

Financial

London lira overnight swap rate soars to 330 percent

ANKARA: The Turkish lira overnight swap rate in London soared to 330 percent on Tuesday and the weekly swap rate rose to

Published 26 Mar, 2019 01:00pm

Financial

Pound up as some lawmakers hint at backing PM May's Brexit deal

LONDON: Sterling bounced a quarter of a percent on Tuesday after two eurosceptic lawmakers indicated they could agree to

Published 26 Mar, 2019 12:44pm

Financial

Euro steadies as surveys hint at economic recovery

LONDON: The euro steadied on Tuesday after economic surveys showed tentative signs of a recovery in the euro zone econom

Published 26 Mar, 2019 09:59am

Financial

Turkish lira weakens against dollar after Monday rebound

ISTANBUL: The Turkish lira eased 0.4 percent against the dollar early on Tuesday as concerns about the currency's outloo

Published 26 Mar, 2019 07:19am

Financial

Upbeat German business survey lifts euro, tempers recession fears

LONDON: The euro rose on Monday after a better-than-expected business confidence survey from Germany eased some of t

Published 25 Mar, 2019 11:21pm

Financial

Forint hits 4-week low on C/A, bond rally loses steam

BUDAPEST: The forint hit a four-week low against the euro on Monday as weak Hungarian current account figures for th

Published 25 Mar, 2019 09:01pm

Financial

Turkish lira rebounds but concern lingers after selloff

ISTANBUL/ANKARA: The Turkish lira partially recovered on Monday after last week's punishing selloff, even as investo

Published 25 Mar, 2019 08:41pm

Financial

Sterling falls as PM May says insufficient support for Brexit vote

LONDON: Sterling weakened on Monday after British Prime Minister Theresa May said there was not yet enough support t

Published 25 Mar, 2019 08:38pm

Financial

Turkish lira rebounds a bit after punishing selloff

ISTANBUL: The Turkish lira on Monday clawed back some of its steep losses from Friday, its worst day since the currency

Published 25 Mar, 2019 11:11am

Financial

Sterling falls as pressure grows on PM to step down over Brexit

LONDON: Sterling fell on Monday as pressure grew on Prime Minister Theresa May to give a date for leaving office ahead o

Published 25 Mar, 2019 10:07am

Financial

Rouble up, stocks down as markets digest US report on Trump

MOSCOW: The Russian rouble firmed slightly at market opening on Monday, supported by increased demand amid month-end tax

Published 25 Mar, 2019 08:51am

Financial

Sterling rallies as Britain gets last chance for orderly Brexit

LONDON: Sterling rallied on Friday, helped by a weaker euro and after European Union leaders gave UK Prime Minister

Published 22 Mar, 2019 05:45pm

Financial

Turkish lira tumbles in echoes of last year's meltdown

ISTANBUL: Turkey's lira plunged more than 4 percent against the US dollar on Friday, its biggest one-day fall since

Published 22 Mar, 2019 05:25pm

Financial

Russian rouble down on lower oil prices, stronger dollar

MOSCOW: The rouble extended declines against the dollar on Friday after the Russian central bank decided to keep its key

Published 22 Mar, 2019 01:03pm

Financial

Russian rouble up ahead of central bank meeting

MOSCOW: The Russian rouble firmed on Friday, supported by local tax payments and ahead of the central bank key rate deci

Published 22 Mar, 2019 09:32am

Financial

Turkish lira weakens after Erdogan reacts to Trump comments

ISTANBUL: Turkey's lira weakened one percent against the dollar on Friday after President Tayyip Erdogan said U.S. Presi

Published 22 Mar, 2019 08:55am

Financial

Dollar set for second weekly drop as pound traders smell fear

LONDON: The dollar dropped on Friday, giving up some of its overnight gains and on track for a second consecutive weekly

Published 22 Mar, 2019 08:53am

Financial

Forint, yields fall as dovish Fed may curb rate hike appetite

BUDAPEST: The forint and Hungarian government bond yields fell on Thursday as the US Federal Reserve's dovish forwar

Published 21 Mar, 2019 06:08pm

Financial

No-deal Brexit fears send pound to a one-week low

LONDON: The pound extended losses on Thursday and derivatives markets signalled more weakness as fears grow of a cat

Published 21 Mar, 2019 05:58pm

Financial

Rising no-deal Brexit fears pile pressure on pound

LONDON: The pound plunged on Thursday and was heading for its biggest one-day fall this year on growing fears of a "

Published 21 Mar, 2019 05:10pm

Financial

No-deal Brexit fears sends pound to a 1-week low

LONDON: The pound extended losses on Thursday and derivatives markets signalled more weakness as fears grow of a catastr

Published 21 Mar, 2019 03:07pm

Financial

Pound weakens as May's faces resistance for three-month Brexit extension

LONDON: Sterling fell on Wednesday after British Prime Minister Theresa May's request to delay Brexit until June 30

Published 20 Mar, 2019 11:02pm

Financial

Pound slides after UK requests short Brexit delay

LONDON: The British pound fell on Wednesday after Prime Minister Theresa May asked EU leaders to delay Brexit until June

Published 20 Mar, 2019 01:46pm

Financial

Pound falls sharply after Britain's May requests short Brexit extension

LONDON: Sterling fell nearly one percent on Wednesday after British Prime Minister Theresa May asked the EU to delay Bre

Published 20 Mar, 2019 01:30pm

Financial

Russian rouble holds near seven-month highs

MOSCOW: The Russian rouble was steady on Tuesday, near seven-month highs it reached the day before thanks to month-e

Published 19 Mar, 2019 01:23pm

Financial

Yen benefits as dollar faces expectations for an accommodative Fed

LONDON: The Japanese yen rose on Tuesday, benefiting from a U.S. dollar hit by concern over the U.S. economy and exp

Published 19 Mar, 2019 12:17pm

Financial

Sterling stands tall after jobs data; Brexit delay eyed

LONDON: The pound held firm near the day's highs on Tuesday after data showed British employers ramped up their hiri

Published 19 Mar, 2019 12:10pm

Financial

Sterling regains poise as fresh Brexit developments eyed

LONDON: The pound edged higher on Tuesday thanks to broad dollar weakness against its rivals as investors waited cautiou

Published 19 Mar, 2019 10:22am

Financial

Rouble jumps 1 percent vs dollar to strongest since August 2018

MOSCOW: The Russian rouble climbed on Monday to its strongest level since August, posting a rare intraday gain of mo

Published 18 Mar, 2019 02:56pm

Financial

Rouble hits seven-month high on tax payments, higher oil

MOSCOW: The Russian rouble climbed on Monday to its strongest levels since August last year, posting a rare intraday

Published 18 Mar, 2019 02:34pm

Financial

Russian rouble hits seven-month high vs dollar

MOSCOW: The Russian rouble reached a seven-month high against the dollar on Monday, supported by high oil prices and

Published 18 Mar, 2019 12:19pm

Financial

Sterling falls as lawmakers cast doubt on PM May's Brexit deal

LONDON: The pound fell towards $1.32 on Monday as Prime Minister Theresa May sought to salvage her Brexit deal by wi

Published 18 Mar, 2019 12:03pm

Financial

Aussie leads recovery as hopes for accommodative Fed knock the dollar

LONDON: The Australian dollar hit a two-week high and led a recovery against the U.S. currency on Monday as caution

Published 18 Mar, 2019 11:54am

Financial

Pound falls as lawmakers challenge PM May's Brexit deal before third vote

LONDON: The pound fell towards $1.32 on Monday as Prime Minister Theresa May tried to salvage her Brexit deal by win

Published 18 Mar, 2019 11:44am

Financial

Sterling falls as lawmakers cast doubt on PM May's Brexit deal

LONDON: The pound fell towards $1.32 on Monday as Prime Minister Theresa May sought to salvage her Brexit deal by winnin

Published 18 Mar, 2019 11:01am

Financial

Argentina seeks market makers to help stabilize the peso

BUENOS AIRES: Argentina's central bank wants to license market makers to help stabilize its embattled peso currency when

Published 15 Mar, 2019 07:52pm

Financial

Sterling has best week since January as PM May pushes Brexit deal

LONDON: The British pound rose on Friday, posting its best week since January, as Prime Minister Theresa May tried t

Published 15 Mar, 2019 04:29pm

Financial

Russian rouble firms towards 5-month high vs dollar

MOSCOW: The Russian rouble rallied on Friday to its strongest level since October 2018, helped by month-end tax paym

Published 15 Mar, 2019 04:10pm

Financial

Russian rouble firms as tax payments kick in

MOSCOW: The Russian rouble firmed on Friday, helped by month-end tax payments that usually prompt export-focused compani

Published 15 Mar, 2019 10:39am

Financial

Dollar set for biggest weekly drop in 3 months

LONDON: The dollar slipped against its rivals on Friday and was set for its biggest weekly drop in more than three month

Published 15 Mar, 2019 10:30am

Financial

Pound unimpressed as British lawmakers back Brexit delay

LONDON: Sterling retreated on Thursday as investors prepared for Prime Minister Theresa May to try again to win approval

Published 14 Mar, 2019 10:00pm

Financial

Pound rally falters as doubts creep in before parliament's Brexit delay vote

LONDON: Sterling retreated on Thursday from nine-month highs as traders braced for the week's third parliamentary Br

Published 14 Mar, 2019 04:24pm

Financial

Forex held by Turks reaches record high as lira confidence declines

ANKARA: Total foreign exchange, including precious metals, held by Turkish citizens and institutions rose to a recor

Published 14 Mar, 2019 04:11pm

Financial

Russian rouble stable with higher oil and demand for bonds

MOSCOW: The Russian rouble was stable against the dollar on Thursday, held steady by higher oil prices and increasin

Published 14 Mar, 2019 01:42pm

Financial

Sterling claws back early losses ahead of vote on delaying Brexit

Sterling rose off earlier session lows on Thursday to trade broadly flat against the dollar and the euro as risks of

Published 14 Mar, 2019 01:36pm

Financial

Aussie dollar falls as US, China delay trade meeting; sterling falls

LONDON: The Australian dollar fell on Thursday after reports that a meeting between China and the United States to e

Published 14 Mar, 2019 12:34pm

Financial

Sterling over another Brexit hurdle, dollar struggles anew

Cable, pound crosses star performers, slight tugs against USD elsewhere. Another Brexit vote lifts sterling; no deal

Published 13 Mar, 2019 08:31pm

Financial

Sterling extends gains as markets scent big loss for no-deal exit vote

LONDON: Sterling extended gains across the board as expectations grew that lawmakers would vote against leaving the

Published 13 Mar, 2019 02:16pm

Financial

Aussie sent lower again on economy concerns

LONDON: The Australian dollar skidded lower on Wednesday after a consumer confidence gauge triggered fresh concerns

Published 13 Mar, 2019 02:09pm

Financial

Forint hits 10-month high, leu rebounds despite weak output

BUDAPEST: The forint hit 10-month highs on Wednesday amid expectations that Hungary's central bank will start to tig

Published 13 Mar, 2019 02:08pm

Financial

Pound higher as investors expect UK lawmakers to vote down no-deal Brexit

LONDON: Sterling rose in early London trading on Wednesday as investors awaited a vote in Britain's parliament that most

Published 13 Mar, 2019 08:02am

Financial

Leu plunges as Romanian CPI, trade deficit jump

BUDAPEST/BUCHAREST: The leu posted its biggest daily loss in almost two months on Tuesday after Romania reported a rise

Published 12 Mar, 2019 09:22pm

Financial

Sterling falls as opposition grows vs May's Brexit deal

LONDON: Sterling fell in volatile trading on Tuesday as investors waited for the outcome of a vote in the British parlia

Published 12 Mar, 2019 09:20pm

Financial

Pound slides on Brexit legal advice

LONDON: The pound sank Tuesday after the government's chief legal advisor declared that the legal risk of Britain be

Published 12 Mar, 2019 12:13pm

Financial

Sterling surges in Asia on Brexit speculation

SYDNEY: Sterling surged in volatile Asian trading on Tuesday on speculation swirled British Prime Minister Theresa May m

Published 11 Mar, 2019 11:07pm

Financial

Sterling surges on reports PM May may be nearing Brexit deal before vote

LONDON: Sterling rose sharply on Monday in volatile trade after media reports said that Prime Minister Theresa May was p

Published 11 Mar, 2019 09:16pm

Financial

Russia rouble firms vs dollar; stocks down after long weekend

MOSCOW: The rouble firmed on Monday after a three-day long weekend in Russia, pricing in a globally weaker dollar an

Published 11 Mar, 2019 01:42pm

Financial

Sterling hits 3-week low on reports UK PM May likely to change Brexit vote

LONDON: Sterling fell on Monday after a report said Prime Minister Theresa May is likely to change Tuesday's key vot

Published 11 Mar, 2019 01:30pm

Financial

Rate hike bets send Norway's crown to 4-1/2 month highs

LONDON: The Norwegian crown climbed towards its highest levels in more than four months against its Swedish rival on

Published 11 Mar, 2019 01:16pm

Financial

Russia rouble firms vs dollar; stocks down after long weekend

MOSCOW: The rouble firmed on Monday after a three-day long weekend in Russia, pricing in a globally weaker dollar and hi

Published 11 Mar, 2019 08:48am

Financial

Sterling nurses losses as Brexit deal prospects elusive

LONDON: Sterling inched higher on Friday and held just above a near two-week low struck in the previous session as inves

Published 08 Mar, 2019 10:42am

Financial

Euro dives to lowest level since mid-2017 after ECB downgrade

LONDON: The euro fell to its lowest level since June 2017 on Thursday after the European Central Bank slashed its 2019 e

Published 07 Mar, 2019 10:20pm

Financial

Euro takes a breather as investors prepare for ECB meeting

LONDON: The euro took a breather in early trade on Thursday as investors prepared for the European Central Bank meet

Published 07 Mar, 2019 02:48pm

Financial

Turkey's lira weakens on concern over tensions with US

ANKARA: The Turkish lira weakened against the dollar on Thursday, extending losses on concern about political tensio

Published 07 Mar, 2019 01:58pm

Financial

Russian rouble lower before holiday and ECB meeting

MOSCOW: The Russian rouble was lower against the dollar on Thursday before a long weekend and a European Central Bank me

Published 07 Mar, 2019 09:58am

Financial

Russian rouble seen at 66.4 vs. dollar in 2019

MOSCOW: Russia's economy ministry has revised its 2019 rouble rate estimate to 66.4 roubles versus the US dollar from 63

Published 06 Mar, 2019 07:00pm

Financial

Sterling stuck near one-week low with no Brexit breakthrough in sight

LONDON: The pound remained stuck near a one-week low on Wednesday with a lack of progress in Brexit talks prompting conc

Published 06 Mar, 2019 06:36pm

Financial

Russian rouble down as oil prices drop, FX buying increases

MOSCOW: The Russian rouble weakened on Wednesday as oil prices fell and forex purchases for state reserves grew.

Published 06 Mar, 2019 01:00pm

Financial

Sterling stuck near one-week low with no Brexit breakthrough in sight

LONDON: The pound remained stuck near a one-week low on Wednesday with a lack of progress in Brexit talks prompting

Published 06 Mar, 2019 12:31pm

Financial

Zloty eases, central bank seen cutting CPI forecast

BUDAPEST: The zloty mildly eased on Tuesday ahead of a likely cut in the Polish central bank's inflation forecasts a

Published 06 Mar, 2019 12:27pm

Financial

Aussie tumbles on slowdown concerns; Canadian dollar under pressure

LONDON: Australia's dollar fell to a two-month low on Wednesday as signs of an economic slowdown supported expectati

Published 06 Mar, 2019 11:32am

Financial

Russia sees weaker rouble than previously expected in 2019

MOSCOW: Russia's economy ministry has revised its forecast for the rouble's average exchange rate this year to 66.4

Published 06 Mar, 2019 11:26am

Financial

Sterling at one-week low as Labour spokesman comments spur profit taking

Sterling slipped to one-week lows on Tuesday after the opposition Labour Party's finance spokesman John McDonnell was qu

Published 05 Mar, 2019 09:22pm

Financial

Pound falls as traders use Brexit deal doubts to take profits

LONDON: Sterling fell on Tuesday after the opposition Labour party's finance spokesman was quoted as saying few lawm

Published 05 Mar, 2019 04:47pm

Financial

Euro and Canadian dollar fall before central bank meetings

LONDON: The euro fell towards a one-week low on Tuesday as the dollar gained broadly and investors began pricing in

Published 05 Mar, 2019 01:31pm

Financial

Sterling pauses as traders await more Brexit talks

LONDON: The British pound edged higher on Tuesday as data for the UK's dominant services sector -- while still weak

Published 05 Mar, 2019 12:26pm

Financial

Forint hits five-week high, rate setter's comments buoy crown

BUDAPEST: The forint approached 10-month highs on Tuesday on expectations the Hungarian central bank will end seven

Published 05 Mar, 2019 12:17pm

Financial

Trade, politics and changing rates views send Canadian dollar sliding

LONDON: The Canadian dollar slumped to nearly six-week lows on Tuesday, hit by a combination of trade troubles, resi

Published 05 Mar, 2019 12:12pm

Financial

Russian rouble, stocks slightly down; FinMin in focus

MOSCOW: The Russian rouble eased slightly and stock indexes declined on Tuesday with lower oil prices as the market wait

Published 05 Mar, 2019 10:22am

Financial

Sterling holds below $1.32 as investors await UK services sector data

LONDON: The British pound fell slightly in early European trade on Tuesday, with investors looking to upcoming service s

Published 05 Mar, 2019 09:58am

Financial

Long dollar bets thrive in low volatility

LONDON: The dollar consolidated gains on Monday after posting its biggest monthly rise in four months, as low volati

Published 04 Mar, 2019 02:06pm

Financial

Pound rises on signs pro-Brexit lawmakers are softening demands of PM May

LONDON: Sterling gained on Monday on signs some pro-Brexit lawmakers were increasingly willing to compromise with Pr

Published 04 Mar, 2019 12:37pm

Financial

Dollar extends rising streak as investors hunt for yield

LONDON: The dollar edged higher against its rivals on Monday on the back of widening weakness in the euro, with a br

Published 04 Mar, 2019 12:32pm

Financial

Pound rises on signs pro-Brexit lawmakers softening demands of PM May

LONDON: Sterling gained on Monday on signs some pro-Brexit lawmakers were increasingly willing to compromise with Pr

Updated 04 Mar, 2019 01:51pm

Financial

Russian rouble up as appetite for risky assets grows

MOSCOW: The Russian rouble firmed against the dollar on Monday amid higher appetite for risky assets as the United State

Published 04 Mar, 2019 10:26am

Financial

Long dollar bets thrive in low volatility

LONDON: The dollar consolidated gains on Monday after posting its biggest monthly rise in four months, as low volatility

Published 04 Mar, 2019 10:19am

Financial

Argentina says collected 330.89bn pesos in Feb tax revenue

BUENOS AIRES: Argentina collected 330.89 billion pesos ($8.4 billion) in February tax revenue, the government's Indec st

Published 01 Mar, 2019 09:51pm

Financial

Dollar recovers, hits 10-week high vs yen, as bigger yields lure investors

LONDON: The dollar moved higher on Friday, hitting a 10-week high against the yen, as a jump in US Treasury rates se

Published 01 Mar, 2019 02:34pm

Financial

Currencies set multi-week highs, Hungary holds robust bond sale

BUDAPEST: Central European currencies set multi-week highs on Thursday, supported by a weakening of the dollar and a

Published 28 Feb, 2019 05:25pm

Financial

Sterling eases as investors take profits from this week's jump

LONDON: The pound edged lower on Thursday after this week's run as investors booked profits and assessed the continu

Published 28 Feb, 2019 05:13pm

Financial

Euro rises on bets economy may have turned a corner

LONDON: The euro jumped to a three-week high on Thursday as growing expectations that the European economy may have

Published 28 Feb, 2019 02:59pm

Financial

Rouble eases on lower oil prices, sanctions concerns

MOSCOW: The rouble weakened slightly on Thursday under pressure from lower oil prices and concerns about more U.S. s

Published 28 Feb, 2019 01:31pm

Financial

Swiss franc leads gains on weak China data, trade talk fears

LONDON: The Swiss franc rallied by half a percent against the dollar on Thursday as weak Chinese factory data and la

Published 28 Feb, 2019 01:24pm

Financial

Sterling eases as investors book profits from this week's surge

LONDON: The British pound pulled back from recent highs on Thursday as investors booked profits and assessed the con

Published 28 Feb, 2019 01:23pm

Financial

Currencies steady near multi-week highs, stocks mixed

BUDAPEST: Central European currencies steadied near multi-week highs on Thursday, supported by a weakening of the do

Published 28 Feb, 2019 11:51am

Financial

Sterling 2-month implied vols tumble, 2-week vols rise as March 12 vote in focus

Two-month sterling/dollar implied volatility tumbled on Wednesday to approach three-month lows as concerns of a no-d

Published 27 Feb, 2019 03:48pm

Financial

Sterling builds on gains as traders slash no-deal Brexit concerns

Sterling cemented this week's surge on Wednesday as investors bet that a no-deal Brexit was looking far less likely

Published 27 Feb, 2019 01:42pm

Financial

Russian rouble stable as thin market awaits Trump-Kim meeting

MOSCOW: The Russian rouble was steady on Wednesday, awaiting like other markets a meeting between U.S. and North Ko

Updated 27 Feb, 2019 04:17pm

Financial

Sterling builds on gains as fears of no-deal Brexit fade

LONDON: Sterling extended this week's gains on Wednesday as investors bet that a no-deal Brexit was less likely and

Published 27 Feb, 2019 01:06pm

Financial

Currencies test multi-week highs, stocks track Asian fall

BUDAPEST/WARSAW: Central European currencies shrugged off a global decline in stock prices on Wednesday, strengthene

Published 27 Feb, 2019 12:04pm

Financial

Yen, Swiss franc gain after Pakistan shoots down Indian jets

LONDON: The yen and the Swiss franc strengthened on Wednesday after Pakistan shot down two Indian jets, sending inve

Published 27 Feb, 2019 11:55am

Financial

Dollar steadies before Fed testimony, pound jumps

LONDON: The dollar held near a one-week low on Tuesday and marked time before a key testimony by U.S. Federal Reserv

Published 26 Feb, 2019 04:12pm

Financial

Pound leaps on Brexit hopes, shares take breather

LONDON: Britain's pound vaulted to a 21-month high against the euro on Tuesday on hopes that the worst of all Brexit

Published 26 Feb, 2019 03:30pm

Financial

Russian rouble, stocks slip as oil prices fall from 2019 highs

MOSCOW: The rouble eased slightly on Tuesday along with other emerging market currencies, tracing a fall in oil pric

Published 26 Feb, 2019 12:01pm

Financial

Dollar near 1-week lows before Fed testimony; pound jumps

LONDON: The dollar held near a one-week low against its rivals on Tuesday as currency markets waited for testimony f

Published 26 Feb, 2019 11:59am

Financial

Brexit delay hopes propel sterling to three-week high

LONDON: Sterling jumped to a three-week high on Tuesday on media reports that Prime Minister Theresa May will propos

Published 26 Feb, 2019 11:54am

Financial

Forint firms on bets for hawkish central bank hints

BUDAPEST: Central European currencies firmed slightly on Tuesday amid expectations that the Hungarian central bank (

Published 26 Feb, 2019 11:34am

Financial

Dollar near 1-week lows before Fed testimony; pound jumps

LONDON: The dollar held near a one-week low against its rivals on Tuesday as currency markets waited for testimony from

Published 26 Feb, 2019 10:37am

Financial

Yuan tops 7-month high, commodity currencies gain after US delays tariff hike

LONDON: China's yuan touched a seven-month high and the commodity-linked Australian and New Zealand dollars gained o

Published 25 Feb, 2019 02:57pm

Financial

Rouble nears four-month high on globally rising risk appetite

MOSCOW: The rouble firmed on Monday, moving towards a four-month high versus the dollar, thanks to a globally increa

Published 25 Feb, 2019 12:10pm

Financial

Sterling rallies on talk UK government considering Brexit delay

LONDON: Sterling gained on Monday as traders considered whether the British government might delay Brexit if Prime M

Published 25 Feb, 2019 11:22am

Financial

Yuan tops seven-month high, Aussie gains tariff hike delayed

LONDON: China's yuan touched a seven-month high and the commodity-linked Australian and New Zealand dollars gained o

Published 25 Feb, 2019 11:04am

Financial

Bond yields jump, zloty eases on Polish spending spree

BUDAPEST/WARSAW: Central European sovereign bond yields jumped and the zloty set a six-year low against the Czech cr

Published 25 Feb, 2019 10:59am

Financial

Euro nears two-week high, Aussie rebounds after slide

LONDON: The euro held near a two-week high on Friday as investors waited for signs of how the euro zone economy is farin

Published 22 Feb, 2019 10:21am

Financial

Sterling set to snap three week losing streak on Brexit hopes

LONDON: Sterling consolidated gains on Friday and was set to snap a three week losing streak as investors eyed last-minu

Published 22 Feb, 2019 10:17am

Financial

Russian rouble steady, retains support from taxes and oil

MOSCOW: The rouble was steady on Friday, retaining support from month-end taxes that boost demand for the Russian curren

Published 22 Feb, 2019 08:20am

Financial

Sterling strengthens on hopes for a revised Brexit deal

LONDON: Sterling was lifted on Thursday by hopes that Prime Minister Theresa May can secure changes to her Brexit de

Published 21 Feb, 2019 04:58pm

Financial

Zloty bucks regional losses after Polish retail sales jump

BUDAPEST: The zloty gained after Poland reported retail sales rose more than expected last month, while most Central

Published 21 Feb, 2019 02:58pm

Financial

Euro edges higher after PMI data; Aussie falls

LONDON: The euro edged higher on Thursday after surveys showed business activity was surprisingly firm in February,

Published 21 Feb, 2019 02:56pm

Financial

Sterling dips on doubts about revised Brexit deal

LONDON: Sterling fell slightly on Thursday after a British government source poured cold water on the prospect of an

Published 21 Feb, 2019 02:52pm

Financial

Rouble gains thanks to higher oil, month-end taxes

MOSCOW: The rouble firmed slightly against the dollar on Thursday on the back of higher oil prices and month-end tax pay

Published 21 Feb, 2019 10:50am

Financial

Euro holds below 2-week high before survey data; Aussie falls

LONDON: The euro held below a two-week high on Thursday as investors waited for survey data to get a clearer idea on the

Published 21 Feb, 2019 10:28am

Financial

Sterling jumps on media report that revised Brexit deal being hammered out

LONDON: Sterling rose into positive territory on Wednesday against the euro and the dollar after Spain's foreign ministe

Published 20 Feb, 2019 09:05pm

Financial

Sterling weakens after UK lawmakers quit PM May's party over Brexit

LONDON: Sterling weakened on Wednesday after three lawmakers defected from Prime Minister Theresa May's ruling Conse

Published 20 Feb, 2019 05:12pm

Financial

Zloty hits 16-month low vs forint on dovish rate outlook

BUDAPEST/WARSAW: The zloty eased against the euro on Wednesday and hit a 16-month low against the forint as concerns

Published 20 Feb, 2019 03:46pm

Financial

Sterling rally dwindles as Brexit reality bites

LONDON: The pound retreated from a one-week high on Wednesday as British Prime Minister Theresa May returned to Brus

Updated 20 Feb, 2019 01:16pm

Financial

Sterling rally fades as PM May pursues last-ditch Brexit deal

LONDON: The pound retreated from a one-week high on Wednesday as British Prime Minister Theresa May returned to Brus

Published 20 Feb, 2019 11:45am

Financial

Sterling falls after UK lawmakers quit PM May's party over Brexit

LONDON: Sterling dropped to the day's low on Wednesday after three lawmakers resigned from Prime Minister Theresa Ma

Published 20 Feb, 2019 11:35am

Financial

Rouble near one-week high vs dollar ahead of Putin's speech

MOSCOW: The Russian rouble eased slightly in early trade on Wednesday but hovered close to a one-week peak ahead of an a

Published 20 Feb, 2019 09:59am

Financial

Dollar struggles before Fed minutes; yuan hits 3-week high

LONDON: China's yuan rose on Wednesday after the United States pressed Beijing to prevent sharp weakening of its currenc

Published 20 Feb, 2019 09:34am

Financial

Sterling shoots above $1.30 on Brexit hopes in jittery session

LONDON: Sterling shot past $1.30 on Tuesday on hopes that Prime Minister Theresa May will make progress in seeking c

Published 19 Feb, 2019 07:20pm

Financial

Sterling builds on recent gains as May prepares to return to Brussels

LONDON: Sterling rose on Tuesday as traders looked for progress in Brexit talks that British Prime Minister Theresa May

Published 19 Feb, 2019 04:23pm

Financial

Sterling holds above $1.29 after wages data, focus back on Brexit

LONDON: The British pound held above $1.29 on Tuesday after labour market data showed workers' pay growth held at its fa

Published 19 Feb, 2019 02:24pm

Financial

Rouble up on monthly taxes; sanctions and finance ministry in focus

MOSCOW: The Russian rouble edged up on Tuesday, supported by higher oil prices and month-end tax payments that usually p

Published 19 Feb, 2019 08:14am

Financial

Pound rises as Brexit divisions deepen

LONDON: Sterling gained on Monday after registering three consecutive weeks of losses as investors waited for the outcom

Published 18 Feb, 2019 04:27pm

Financial

Euro recovers vs dollar as trade optimism supports risk-taking

LONDON: The euro rallied and riskier currencies like the Australian dollar strengthened on Monday as optimism over a bre

Published 18 Feb, 2019 03:38pm

Financial

Euro lifted from lows on trade talk optimism

LONDON: The euro clawed itself back over the $1.13 mark and riskier currencies like the Australian dollar rose on Monday

Published 18 Feb, 2019 12:03pm

Financial

Russian rouble boosted by higher oil prices

MOSCOW: The Russian rouble firmed on Monday, helped by higher oil prices in a thin market due to the Presidents' Day hol

Published 18 Feb, 2019 11:08am

Financial

Pound rises after three weeks of losses

LONDON: Sterling drifted higher on Monday after registering three consecutive weeks of losses as investors waited for th

Published 18 Feb, 2019 11:01am

Financial

Sturdy sales data pushes pound higher amid Brexit concerns

LONDON: The pound edged higher on Friday as strong British retail sales lifted sentiment, though investors were cons

Published 15 Feb, 2019 08:05pm

Financial

Sterling near 1-month lows after Brexit vote

LONDON: The pound hovered above a one-month low on Friday as investors mulled the consequences of a Brexit vote defeat i

Published 15 Feb, 2019 02:36pm

Financial

Dollar rises after dismal data, trade talks in focus

LONDON: The dollar recovered on Friday after dismal US retail sales and major currencies remained range-bound as the mar

Published 15 Feb, 2019 01:40pm

Financial

Crown leads currency gains on surprising Czech GDP pick-up

BUDAPEST: The crown led gains by Central European currencies on Friday after a report showed the Czech economy had grown

Published 15 Feb, 2019 01:28pm

Financial

Rouble, buoyed by oil, steadies after sanctions threat

MOSCOW: The rouble steadied against the dollar on Friday, supported by rising oil prices a day after the threat of new U

Published 15 Feb, 2019 08:10am

Financial

Pound weakens as PM May loses latest Brexit vote

LONDON: Sterling was stuck near one-month lows on Thursday after Prime Minister Theresa May lost a symbolic Brexit v

Published 14 Feb, 2019 08:16pm

Financial

Pound falls on fears govt will suffer another Brexit defeat

LONDON: Sterling fell to one-month lows on Thursday as investors worried the British government will lose a vote on Brex

Updated 14 Feb, 2019 05:09pm

Financial

Hungarian growth gives forint only minor uplift

BUDAPEST: The forint and the Czech crown firmed slightly on Thursday amid some expectations for monetary policy tighteni

Published 14 Feb, 2019 12:45pm

Financial

Russian rouble, stocks down, CDS jump on new US sanctions bill

MOSCOW/LONDON: The Russian rouble and stocks fell on Thursday and the country's debt insurance costs rose to a one-month

Published 14 Feb, 2019 12:44pm

Financial

Sterling drops to four-week low before Brexit debate in parliament

LONDON: Sterling fell to a four-week low on Thursday ahead of a parliamentary debate on Brexit that could give investors

Published 14 Feb, 2019 09:51am

Financial

Pound pushed higher in thin markets as Brexit delay prospect reappears

LONDON: Sterling briefly spiked half a percent on Wednesday, propelled by large purchase orders executed in a thin m

Published 13 Feb, 2019 08:55pm

Financial

Pound propelled higher in thin markets as Brexit delay prospect reappears

LONDON: Sterling briefly spiked half a percent on Wednesday, propelled by large purchase orders executed in a thin marke

Published 13 Feb, 2019 02:25pm

Financial

Swedish crown, Kiwi dollar gain as central banks disappoint doves

LONDON: The New Zealand dollar and Sweden's crown rose after their central banks broke with the growing caution of the w

Published 13 Feb, 2019 01:14pm

Financial

Russia sells 38bn roubles at OFZ auction with unlimited offering

MOSCOW: Russia's finance ministry sold 38.1 billion roubles ($579.57 million) of OFZ treasury bonds on Wednesday at the

Published 13 Feb, 2019 12:37pm

Financial

Brexit concerns, inflation keep pound below $1.29

LONDON: Sterling held below the $1.29 line on Wednesday as inflation, which fell to a two-year low in January, failed to

Published 13 Feb, 2019 11:51am

Financial

Rouble recovers as market reviews sanctions risk

MOSCOW: The rouble firmed in early trade on Wednesday, recovering from the previous day's losses as the market digested

Published 13 Feb, 2019 10:29am

Financial

Dollar takes breather as US-China trade hopes spur risk-taking

LONDON: The dollar's recent rally paused on Wednesday as hopes for a United States and China trade deal spurred demand f

Published 13 Feb, 2019 10:20am

Financial

Dollar set for biggest winning streak in two years

LONDON: The dollar was on track for its longest winning streak in two years on Tuesday, as hopes of a breakthrough in U.

Published 12 Feb, 2019 03:20pm

Financial

Rouble firms as US postpones hearing on Russian sanctions

MOSCOW: The rouble firmed on Tuesday after The US House Financial Services committee said it had postponed a planned hea

Published 12 Feb, 2019 03:02pm

Financial

Sterling falls to new 3-week low as Brexit nerves build

LONDON: The British currency fell against the dollar on Tuesday to a new three-week low, as doubts grow about whether Pr

Published 12 Feb, 2019 01:14pm

Financial

Serbia's foreign currency reserves rise in January

BELGRADE: Serbia's foreign currency reserves increased in January to 11.346 billion euros ($12.80 billion), from 11.262

Published 12 Feb, 2019 12:54pm

Financial

Dollar at 2-month highs on funding deal, trade talks

LONDON: The U.S. dollar held at a two-month high and the Australian dollar gained on Tuesday as expectations of progress

Published 12 Feb, 2019 08:57am

Financial

Pound drops as UK economy slows sharply

LONDON: Sterling weakened on Monday after data showed that Britain's economy last year grew at its slowest since 2012, w

Published 11 Feb, 2019 04:00pm

Financial

Rouble firms after Moody's upgrades Russia's rating

MOSCOW: The Russian rouble firmed on Monday, helped by ratings agency Moody's upgrading the country's sovereign rating t

Published 11 Feb, 2019 02:34pm

Financial

Dollar rises on bleak outlook for US-China trade talks

LONDON: The dollar rose on Monday as concerns grew that US-China talks this week would not heal a rift over trade betwee

Published 11 Feb, 2019 01:42pm

Financial

Sterling dips below $1.29 after GDP data

LONDON: Sterling fell to below $1.29 on Monday after data showed that Britain's economy last year grew at its weakest si

Published 11 Feb, 2019 01:07pm

Financial

Sterling drops after GDP data confirms economic slowdown

LONDON: Sterling extended its fall on Monday after data showed that Britain's economy last year grew at its slowest sinc

Published 11 Feb, 2019 12:29pm

Financial

German bond yield holds close to 2-1/2 year lows as economic woes weigh

LONDON: Fears of economic slowdown in Europe and plunging inflation expectations dominated morning trade on Monday with

Published 11 Feb, 2019 09:51am

Financial

Sterling slips ahead of UK GDP, manufacturing data

LONDON: Sterling fell towards $1.29 on Monday as traders trimmed their positions before the release of a batch of econom

Published 11 Feb, 2019 09:44am

Financial

Sterling set for worst week since October as Brexit fog descends

LONDON: Sterling on Friday was headed for its worst weekly decline since October with a stalemate over Brexit weighing o

Published 08 Feb, 2019 01:43pm

Financial

Russian rouble down ahead of key rate decision

MOSCOW: The Russian rouble eased on Friday as appetite for risky assets was low and ahead of a Russian central bank meet

Published 08 Feb, 2019 09:09am

Financial

Sterling shakes off central bank scare, Brexit talks eyed

LONDON: Sterling advanced on Thursday in a volatile trading session after the Bank of England said Britain faced its

Published 07 Feb, 2019 07:45pm

Financial

Sterling drops below $1.29 on dlr strength; BOE eyed

LONDON: The British pound fell below $1.29 for the first time in more than two weeks on Thursday as broad dollar strengt

Published 07 Feb, 2019 01:38pm

Financial

Currencies hit multi-week lows as central banks meet

BUDAPEST: Central European currencies set multi-week lows as three of the region's central banks which meet on Thursday

Published 07 Feb, 2019 01:24pm

Financial

Euro slips to two-week low after EU cuts growth forecast

LONDON: The euro fell to a two-week low on Thursday after the European Commission sharply cut its forecasts for economic

Published 07 Feb, 2019 11:52am

Financial

Sterling drops below $1.29 on dlr strength; BOE eyed

LONDON: The British pound fell below $1.29 for the first time in more than two weeks on Thursday as broad dollar strengt

Published 07 Feb, 2019 09:51am

Financial

Sterling stuck near two-week low after possible Brexit delay report

LONDON: Sterling steadied on Wednesday but held near a two-week low as investors mulled a report that UK cabinet ministe

Published 06 Feb, 2019 12:32pm

Financial

Aussie dollar goes down under as global slowdown forces RBA shift

LONDON: The Australian dollar nosedived after its central bank opened the door to a possible rate cut in a remarkable sh

Published 06 Feb, 2019 09:25am

Financial

Sterling drops towards $1.29 as technical trigger fuels sell-off

LONDON: The British pound slumped to two-week lows on Tuesday after weak survey data and uncertainty about Brexit talks

Published 05 Feb, 2019 05:03pm

Financial

Russian rouble steady, stocks hit record high

MOSCOW: The Russian rouble was steady on Tuesday, shrugging off the finance ministry's plan to reduce daily purchases of

Published 05 Feb, 2019 04:12pm

Financial

Australian dollar, yuan slump on bleak China data

LONDON: The offshore yuan was headed for its worst daily decline in over five months on Friday after weak economic data

Published 01 Feb, 2019 01:29pm

Financial

Sterling dives below key market level after PMI data

LONDON: Sterling briefly dived below a key market level on Friday after weak survey data highlighted the degree of uncer

Published 01 Feb, 2019 12:43pm

Financial

Russian rouble drops from three-month high

MOSCOW: The Russian rouble fell from its three-month high against the dollar on Friday, hurt by larger forex purchases b

Published 01 Feb, 2019 09:44am

Financial

Zloty leads fx gains on Fed, crown gives up ground

BUDAPEST/PRAGUE: Central European markets firmed across the board on Thursday, with the zloty leading a rise of curr

Published 31 Jan, 2019 10:19pm

Financial

Turkish lira's rally supported by US Fed decision

ANKARA: Turkey's lira firmed more than 1 percent on Thursday, in a rally that began after the central bank affirmed

Published 31 Jan, 2019 10:14pm

Financial

Turkey's lira firms in early trade after US Fed decision

ANKARA: Turkey's lira currency strengthened below 5.22 to the US dollar in early trade on Thursday, a day after the Unit

Published 31 Jan, 2019 01:28pm

Financial

Rouble near 10 week highs after Fed signals patience on future rate hikes

MOSCOW: The Russian rouble hovered near its strongest levels since November on Thursday, boosted by indications from the

Published 31 Jan, 2019 01:10pm

Financial

Sterling steady as investors focus on February Brexit vote

LONDON: The pound steadied on Thursday as Britain prepared to resume negotiations with the European Union over how to re

Published 31 Jan, 2019 01:01pm

Financial

Markets jump on Fed comments, Czech crown gives up gains

BUDAPEST/PRAGUE: Central European markets firmed across the board after the Federal Reserve signalled that its interest

Published 31 Jan, 2019 12:58pm

Financial

Canadian dollar leads currency winners in buoyant January

LONDON: The Canadian dollar took the top spot against the struggling greenback in January as a combination of strong gai

Published 31 Jan, 2019 12:47pm

Financial

Rouble near 10-wk highs after Fed signals patience on future rate hikes

MOSCOW: The Russian rouble hovered near its strongest levels since November on Thursday, boosted by indications from the

Published 31 Jan, 2019 08:00am

Financial

Sterling resilient as Britain pursues Brexit deal change

LONDON: Sterling recovered on Wednesday after declines triggered by the UK parliament's rejection of amendments to d

Published 30 Jan, 2019 08:51pm

Financial

Russian rouble steady ahead of Fed, stocks reach record highs

MOSCOW: The Russian rouble was steady on Wednesday ahead of a US Federal Reserve board meeting, while stocks reached rec

Published 30 Jan, 2019 04:02pm

Financial

Russian rouble steady ahead of Fed, stocks near record highs

MOSCOW: The Russian rouble was steady on Wednesday ahead of the finance ministry's bond auctions and the US Federal Rese

Published 30 Jan, 2019 11:15am

Financial

Euro at 2-week high in event-filled week, FX option bets

LONDON: The euro settled at a two-week high on Tuesday, moving in tiny ranges, as large derivatives market positions

Published 29 Jan, 2019 09:19pm

Financial

Sterling volatility spikes before key Brexit vote

LONDON: Daily expected swings in the British currency hit a two-week high on Tuesday before a series of votes including

Published 29 Jan, 2019 05:03pm

Financial

Turkish lira weakens ahead of inflation report

ISTANBUL: Turkey's lira weakened by nearly half a percent on Tuesday, a day before the central bank's inflation report a

Published 29 Jan, 2019 09:22am

Financial

Rouble steady, stocks down as market digests U.S. sanctions move

MOSCOW: Russia's rouble held steady on Tuesday ahead of the U.S. Fed board meeting, while stocks inched lower as a boost

Published 29 Jan, 2019 08:52am

Financial

Sterling takes reality check ahead of parliamentary votes on Brexit

LONDON: The pound slipped on Monday after posting its biggest weekly rise in more than 15 months last week, as inves

Published 28 Jan, 2019 08:43pm

Financial

Rouble up, stocks at all-time high as US lifts Deripaska sanctions

MOSCOW: The Russian rouble firmed in early trade on Monday and the benchmark MOEX stock index hit an all-time high after

Published 28 Jan, 2019 01:18pm

Financial

Sterling slips before key Brexit votes in parliament this week

LONDON: The pound drifted lower on Monday after posting its biggest weekly rise in more than 15 months last week as inve

Published 28 Jan, 2019 11:50am

Financial

Dollar up as investors brace for volatile markets; Fed meeting

LONDON: The euro edged down on Monday as investors bought the dollar and prepared for volatile markets ahead of US-China

Published 28 Jan, 2019 11:36am

Financial

Sterling set for biggest weekly rise in 15 months on Brexit hopes, dlr selloff

LONDON: The pound rallied to an 11-week high on Friday and was poised for its biggest weekly rise in more than a year on

Published 25 Jan, 2019 03:54pm

Financial

Sterling set for biggest rise in a year on Brexit hopes

LONDON: The pound held near a 11-week high on Friday and was poised for its biggest weekly rise in more than a year on g

Published 25 Jan, 2019 02:22pm

Financial

Russian rouble eases after central bank says to start delayed FX purchases

MOSCOW: The Russian rouble eased on Friday, pressured by the central bank's decision to conduct its delayed foreign curr

Published 25 Jan, 2019 12:46pm

Financial

Pound slips after reaching 11-week highs

LONDON: The pound drifted lower on Thursday after surging to a 11-week high overnight as investors consolidated posi

Published 24 Jan, 2019 10:35pm

Financial

Euro falls to three-week low as markets prepare for ECB caution

LONDON: The euro fell to a three-week low on Thursday before a European Central Bank meeting where policymakers may

Published 24 Jan, 2019 09:02pm

Financial

Rouble strengthens on local taxes, Venezuela in focus

MOSCOW: The Russian rouble gained on Thursday, buoyed by local demand linked to month-end tax payments but investors

Published 24 Jan, 2019 08:45pm

Financial

Rouble slightly up on local taxes, Venezuela in focus

MOSCOW: The Russian rouble firmed slightly on Thursday, buoyed by local demand linked to month-end tax payments, as mark

Published 24 Jan, 2019 01:29pm

Financial

Sterling gnaws at key level on Brexit hopes

LONDON: Sterling consolidated gains on Thursday after rocketing to a 11-week high overnight on growing optimism that Bri

Published 24 Jan, 2019 11:16am

Financial

Sterling volatility drops further as Brexit risk premium falls

LONDON: Expected price swings in the British pound or implied volatility fell to a 10-week low on Thursday as growing op

Published 24 Jan, 2019 11:11am

Financial

Rouble strengthens on local taxes, Venezuela in focus

MOSCOW: The Russian rouble gained on Thursday, buoyed by local demand linked to month-end tax payments, as investors wat

Published 24 Jan, 2019 10:30am

Financial

Sterling rallies above $1.30 on Brexit delay push

LONDON: Sterling leapt to a 10-week high on Wednesday after Britain's opposition Labour Party said it would back an

Published 23 Jan, 2019 11:04pm

Financial

Leu trades near record lows, central bank looks on

BUDAPEST: Worries over Romania's new taxes weakened the leu further on Wednesday, which tested record lows, and as contr

Published 23 Jan, 2019 02:43pm

Financial

Sterling rises after UK's Labour backs bid to avoid no-deal Brexit

LONDON: Sterling rose above $1.3 on Wednesday after Britain's opposition Labour Party said it was "highly likely" to bac

Published 23 Jan, 2019 02:33pm

Financial

Lira, rand and rouble volatility gauges fall to 6-month low

LONDON: Implied volatility gauges for the Turkish lira, the Russian rouble and the South Africa rand all fell to near si

Published 23 Jan, 2019 01:45pm

Financial

Sterling hits 2-month high after strong UK jobs data

LONDON: Sterling jumped to a 2-month high against the euro on Tuesday after strong employment data suggested Britain

Published 22 Jan, 2019 08:13pm

Financial

Sterling jumps on strong UK jobs data

LONDON: Sterling hit the day's high on Tuesday after UK employment data beat expectations suggesting the labour market r

Published 22 Jan, 2019 05:27pm

Financial

Currencies, stocks weaken after IMF cuts global growth forecasts

BUDAPEST: Central European currencies and stocks weakened on Tuesday after the International Monetary Fund lowered its f

Published 22 Jan, 2019 05:07pm

Financial

Russian rouble down as global risk aversion grows

MOSCOW: The Russian rouble eased on Tuesday as global risk aversion spread after as the International Monetary Fund (IMF

Published 22 Jan, 2019 09:41am

Financial

Sterling, bond yields slip as PM May speaks

Sterling inched lower against the dollar and the euro on Monday while British government bond yields slipped to session

Published 21 Jan, 2019 04:00pm

Financial

Sterling volatile before May's Brexit "Plan B"

LONDON: Sterling edged off early lows but remained volatile on Monday as traders awaited a statement from Prime Minister

Published 21 Jan, 2019 03:14pm

Financial

Dollar nears 2-week high as Chinese growth slows

LONDON: The dollar held near a two-week high on Monday, shrugging off concerns about weakening global growth and data th

Published 21 Jan, 2019 01:02pm

Financial

Dollar poised for first weekly rise in 5 weeks

LONDON: The dollar held firm against its rivals on Friday and is poised for its first weekly gain in five weeks as i

Published 18 Jan, 2019 12:17pm

Financial

British pound runs Brexit gauntlet

LONDON: The British pound shrugged off fast-paced political drama this week, but faces sterner tests in the coming weeks

Published 18 Jan, 2019 07:23am

Financial

Euro slips to 2-week lows as weak data weigh

LONDON: The euro huddled at a two-week low against the dollar on Thursday as weak euro zone data pulled the single c

Published 17 Jan, 2019 12:03pm

Financial

Russian rouble dips after four-week high

MOSCOW: The Russian rouble followed the downward movement of emerging market currencies on Thursday, slightly weakening

Published 17 Jan, 2019 08:52am

Financial

Pound holds gains as British PM May wins confidence vote

LONDON: The pound held on to the day's gains on Wednesday, trading just off two-month highs against the euro as British

Published 16 Jan, 2019 10:27pm

Financial

Euro dips as dreary economy weighs, Brexit vote bolsters pound

LONDON: The euro slipped against the dollar and the pound on Wednesday as worries about the outlook of the euro zone

Published 16 Jan, 2019 12:59pm

Financial

Pound hits near 2-month highs vs euro after May's Brexit defeat

LONDON: The British pound rallied to a two-month high against the euro on Wednesday, a day after British lawmakers o

Published 16 Jan, 2019 12:45pm

Financial

Pound clings to gains vs euro before no-confidence vote

LONDON: The pound held at a two-month high against the euro on Wednesday as markets looked towards a no-confidence m

Published 16 Jan, 2019 12:09pm

Financial

Pound clings to gains vs euro before no-confidence vote

LONDON: The pound held at a two-month high against the euro on Wednesday as markets looked towards a no-confidence motio

Published 16 Jan, 2019 11:07am

Financial

Russian rouble stable amid stronger oil prices

MOSCOW: The Russian rouble opened unchanged on Wednesday, supported by strong oil prices which offset the restart of the

Published 16 Jan, 2019 09:09am

Financial

Sterling rallies as PM May's Brexit deal defeat fuels uncertainty

LONDON: Sterling rallied more than a cent from the day's lows against the dollar on Tuesday after British lawmakers over

Published 15 Jan, 2019 09:45pm

Financial

Sterling slips from multi-week high, volatility rises before Brexit vote

LONDON: Sterling fell from a two-month high versus the dollar on Tuesday and volatility levels spiked as markets bra

Published 15 Jan, 2019 03:40pm

Financial

Rouble stable as central bank resumes FX purchases

MOSCOW: The rouble was stable on Tuesday as the Russian central bank was set to resume foreign exchange purchases af

Published 15 Jan, 2019 01:30pm

Financial

Euro slips on German recession fears, sterling steady

LONDON: The euro edged down on Tuesday as investors prepared for German growth figures that could indicate the conti

Published 15 Jan, 2019 01:29pm

Financial

German slowdown hits euro, sterling slips before Brexit vote

LONDON: The euro fell on Tuesday after data showed Germany's economy slowed in 2018, underscoring fears about a broa

Published 15 Jan, 2019 01:15pm

Financial

Sterling slips from multi-week high, volatility spikes before Brexit vote

LONDON: Sterling fell from a two-month high versus the dollar on Tuesday and volatility levels spiked as markets bra

Published 15 Jan, 2019 12:19pm

Financial

Sterling slips off multi-week high, volatility spikes before Brexit vote

LONDON: Sterling slipped from two-month highs versus the dollar on Tuesday and volatility levels spiked as markets brace

Published 15 Jan, 2019 10:45am

Financial

PM May's no-Brexit warning sends pound to new 7-week high

LONDON: Sterling strengthened to new seven-week highs against the dollar on Monday as markets seized on Prime Minist

Published 14 Jan, 2019 03:06pm

Financial

Rouble eases with other EM currencies, sanctions back in focus

MOSCOW: The Russian rouble weakened on Monday, tracing moves in other emerging market currencies, while sanctions ag

Published 14 Jan, 2019 01:47pm

Financial

Aussie dollar, yuan sink on China export slump

LONDON: The Australian dollar and kiwi dollar, gauges of global risk appetite, fell on Monday on fears of a slowdown

Published 14 Jan, 2019 01:45pm

Financial

Sterling falls as investors prepare for Brexit vote

LONDON: The pound edged down from a seven-week high on Monday as investors prepared for a vote on British Prime Mini

Published 14 Jan, 2019 01:28pm

Financial

Sterling just off 7-week high vs dollar as PM May woos lawmakers for Brexit deal

LONDON: The pound stalled near seven-week highs on Monday as Prime Minister Theresa May made last-ditch efforts to g

Published 14 Jan, 2019 11:20am

Financial

Sterling falls as investors prepare for Brexit vote

LONDON: The pound edged down from a seven-week high on Monday as investors prepared for a vote on British Prime Minister

Published 14 Jan, 2019 10:30am

Financial

Turkish lira weakens after Trump comment on economic devastation

ISTANBUL: Turkey's lira weakened against the dollar on Monday after U.S. President Donald Trump warned the United States

Published 14 Jan, 2019 07:59am

Financial

Russian rouble steady despite strong oil price

MOSCOW: The Russian rouble was steady on Friday with a finance ministry plan to buy around $4 billion in foreign cur

Published 11 Jan, 2019 02:08pm

Financial

Sterling lifted by report that Britain will delay Brexit date

LONDON: The pound jumped on Friday after a newspaper report cited cabinet ministers as saying Britain could seek to

Published 11 Jan, 2019 01:51pm

Financial

Pound jumps on media report of possible delay to Brexit date

LONDON: Sterling strengthened on Friday, reversing earlier losses against the dollar and euro after a newspaper report c

Published 11 Jan, 2019 11:12am

Financial

Russian rouble steady as market awaits state FX buying plan

MOSCOW: The Russian rouble was steady on Friday as the market awaited details of foreign currency (FX) purchases that Ru

Published 11 Jan, 2019 10:14am

Financial

Euro set for biggest weekly gain in four months

LONDON: The euro on Friday was headed for its biggest weekly rise in over four months with the dollar weakening on cauti

Published 11 Jan, 2019 09:48am

Financial

Sterling dips as possibility of UK general election grows

LONDON: Sterling hit a one-week low against the euro and dipped against the dollar on Thursday after British Prime M

Published 10 Jan, 2019 02:57pm

Financial

Euro basks at 3-month highs as dollar bears charge

LONDON: The euro consolidated gains on Thursday after posting its biggest daily jump in more than six months, having

Published 10 Jan, 2019 02:50pm

Financial

Sterling dips as UK election speculation adds to Brexit worries

LONDON: Sterling hit a one-week low against the euro on Thursday after British Prime Minister Theresa May lost two p

Published 10 Jan, 2019 02:45pm

Financial

Russian rouble lower as resumption of state FX buying looms

MOSCOW: Russian rouble weakened on Thursday under pressure from concerns about the resumption of state foreign currency

Published 10 Jan, 2019 10:22am

Financial

Turkish lira weakens over Washington ties, upcoming central bank decision

ISTANBUL: Turkey's lira weakened on Wednesday over investor worries regarding ties between Ankara and Washington and

Published 09 Jan, 2019 04:44pm

Financial

Euro, commodity-linked currencies boosted by US-China trade optimism

LONDON: The euro and commodity-linked currencies rose on Wednesday as optimism over U.S.-China trade negotiations im

Published 09 Jan, 2019 12:24pm

Financial

Sterling to jump 4pc if Parliament approves PM May's Brexit deal

LONDON: Sterling will rise at least 4 percent if the UK's parliament approves Prime Minister Theresa May's Brexit de

Published 09 Jan, 2019 11:57am

Financial

Sterling gains on report PM May wooing N. Irish party in Brexit debate

LONDON: Sterling rose on Wednesday following a media report that British Prime Minister Theresa May is attempting to

Published 09 Jan, 2019 11:42am

Financial

Russian rouble down ahead of resumption of state FX buying

MOSCOW: Russia's rouble weakened on Wednesday, the first full working day in Russia after New Year holidays, as the mark

Published 09 Jan, 2019 10:40am

Financial

Sterling strength proves temporary as Brexit vote weighs

LONDON: Sterling dropped half a percent on Tuesday as investors took advantage of an early surge to cut their positi

Published 08 Jan, 2019 04:29pm

Financial

Euro slips on slowdown fears; dollar advances

LONDON: The euro edged down on Tuesday as the euro zone economy showed more signs of slowing, while the dollar gaine

Published 08 Jan, 2019 03:14pm

Financial

Turkish lira slips after Turkey-US meeting on Syria

ISTANBUL: The Turkish lira traded more than 2 percent weaker against the dollar on Tuesday, reflecting investor conc

Published 08 Jan, 2019 03:00pm

Financial

Euro weakens on slowdown fears; dollar advances

LONDON: The euro fell on Tuesday as the euro zone economy showed more signs of slowing, while the dollar gained desp

Published 08 Jan, 2019 11:28am

Financial

Sterling hovers near one-week high before Brexit deal debate

LONDON: Sterling hovered near a one-week high on Tuesday as Britain's parliament prepared for a debate on Prime Mini

Published 08 Jan, 2019 11:16am

Financial

Euro weakens on slowdown fears; dollar advances

LONDON: The euro fell on Tuesday as the euro zone economy showed more signs of slowing, while the dollar gained despite

Published 08 Jan, 2019 10:25am

Financial

Sterling gains before parliamentary debate on Brexit deal

LONDON: Sterling rose to a one-week high on Monday as traders prepared for Britain's parliament to reconvene this week a

Published 07 Jan, 2019 09:31pm

Financial

Dollar skids as US rate pause bets weigh

LONDON: The dollar weakened on Monday on growing bets the U.S. central bank will halt its multi-year rate hike cycle

Published 07 Jan, 2019 03:12pm

Financial

Dollar falls for a third day on rate pause bets

LONDON: The dollar fell for a third consecutive day against its rivals on Monday on growing bets the U.S. central ba

Published 07 Jan, 2019 12:37pm

Financial

Sterling gains ahead of parliamentary debate on Brexit deal

LONDON: Sterling rose to a one-week high on Monday as traders prepared for the British parliament to reconvene this

Published 07 Jan, 2019 11:54am

Financial

Yen slips on US-China trade hopes, still headed for best week in 11 months

LONDON: The yen edged lower on Friday after its recent surge, amid hopes upcoming US-China trade talks would make some p

Published 04 Jan, 2019 03:26pm

Financial

Sterling edges up ahead of UK services data

LONDON: Sterling rose on Friday after suffering heavy losses spurred by fears of a global economic slowdown, but uncerta

Published 04 Jan, 2019 03:25pm

Financial

Crown hits 3-month high, shrugging off low CEE price indices

BUDAPEST/PRAGUE: The crown hit a 3-month high as investors priced in further Czech monetary tightening even though a bat

Published 04 Jan, 2019 03:00pm

Financial

Russian rouble, stocks rise with oil prices in thin trade

MOSCOW: The Russian rouble rose on Friday, helped by higher oil prices, amid thin trade as Russia is on a public holiday

Published 04 Jan, 2019 02:41pm

Financial

Sterling climbs towards $1.27 after UK services data beats forecast

LONDON: Sterling rose on Friday after suffering heavy losses spurred by fears of a global economic slowdown, but uncerta

Published 04 Jan, 2019 02:30pm

Financial

Yen edges back as Chinese confirm US trade talks

LONDON: The yen pulled back on Friday after China announced new measures to support its economy and hopes grew that upco

Published 04 Jan, 2019 02:19pm

Financial

Yen's surge is a red flag for world markets

LONDON: A gradual rise by the Japanese yen in recent weeks culminated in a dramatic overnight surge -- firing a warning

Published 03 Jan, 2019 09:37pm

Financial

Turkey's lira slides, hit by global sell-off, central bank worries

ISTANBUL: Turkey's lira slid more than 3 percent against the dollar on Thursday, swept up in a global market sell-off an

Published 03 Jan, 2019 09:18pm

Financial

Sterling falls after Asian 'flash crash' jolts FX markets

LONDON: Sterling fell across the board on Thursday after worries about the health of the global economy and particularly

Published 03 Jan, 2019 09:13pm

Financial

Sterling sent lower after Asian 'flash crash' rocks FX markets

LONDON: Sterling fell across the board on Thursday after worries about the health of the global economy and particul

Published 03 Jan, 2019 01:05pm

Financial

Romania central bank's FX reserves rise to 33.07bn euros in December

BUCHAREST: The Romanian central bank's foreign exchange reserves, excluding 103.7 tonnes of gold, rose by 534 millio

Published 03 Jan, 2019 12:58pm

Financial

Russian rouble opens up on its first trading day of 2019

MOSCOW: The Russian rouble opened higher in thin trade on Thursday but stayed close to its lowest levels in more than th

Published 03 Jan, 2019 09:31am

Financial

Turkish lira weakens 1 percent against dollar

ISTANBUL: The Turkish lira traded more than 1 percent weaker against the dollar on Thursday, in line with widespread dec

Published 03 Jan, 2019 07:43am

Financial

Sterling slides as dollar rebounds and Brexit concerns weigh

LONDON: Sterling fell more than 1 percent on Wednesday, reversing gains made earlier this week, as strong factory survey

Published 02 Jan, 2019 09:12pm

Financial

Sterling slips as Brexit concerns weigh

LONDON: Sterling slipped on Wednesday, partially reversing some of the gains notched up earlier this week, as strong

Published 02 Jan, 2019 12:48pm

Financial

Sterling leads FX gains against struggling dollar

LONDON: The dollar extended its losses in thin year-end trading on Monday as expectations faded for US interest rate

Published 31 Dec, 2018 01:02pm

Financial

Dollar drifts in year-end trade as clouds gather

LONDON: The dollar was broadly steady in thin year-end trading on Monday with the Australian dollar leading gainers

Published 31 Dec, 2018 12:24pm

Financial

Russian rouble stable on the last trading day of 2018

MOSCOW: The rouble opened slightly weaker against the US dollar in thin trade on Saturday, the last trading day of t

Published 29 Dec, 2018 11:32am

Financial

Swiss franc posts biggest weekly rise in 4 months

LONDON: Safe-haven currencies like the Japanese yen and the Swiss franc were set for big gains against the dollar on Fri

Published 28 Dec, 2018 08:57pm

Financial

Sterling drifts higher before key vote next month

LONDON: Sterling drifted a third of a percent higher on Friday as a generally weak dollar prompted some investors to

Published 28 Dec, 2018 12:27pm

Financial

Yen, Swiss franc gain as investors embrace safety

NEW YORK: The yen and Swiss franc rose on Thursday as traders embraced the safe-haven currencies as trading on Wall Stre

Published 27 Dec, 2018 09:54pm

Financial

UK shares at 2-yr lows, FTSE 250 flirts with bear market territory

UK shares fell on Thursday to their lowest in over two years, with the mid-cap index closing just shy of confirming a be

Published 27 Dec, 2018 09:08pm

Financial

Sterling hovers above 3-day lows as Brexit caution dominates

LONDON: Sterling held above a three-day low on Thursday as investors remained sidelined awaiting another round of Br

Published 27 Dec, 2018 12:44pm

Financial

Rouble away from lowest since September as oil recovers

MOSCOW: The Russian rouble was volatile in early trade on Thursday, pricing in a recovery in oil prices and heading away

Published 27 Dec, 2018 08:29am

Financial

Russian rouble falls to weakest since mid-September

MOSCOW: The Russian rouble fell to its weakest level since mid-September in thin trade on Wednesday, breaking throug

Published 26 Dec, 2018 01:46pm

Financial

Russian rouble eases as oil slumps to lowest since mid-2017

MOSCOW: The Russian rouble eased slightly in thin trade on Wednesday, pricing in a slump in oil prices to their lowe

Published 26 Dec, 2018 12:04pm

Financial

Russian rouble down on lower oil prices as stocks also fall

MOSCOW: The Russian rouble weakened on Tuesday in thin Christmas holiday trading after oil prices fell heavily and R

Updated 25 Dec, 2018 04:10pm

Financial

Euro, yen draw investors as US uncertainty hurts dollar

LONDON: The euro and the Japanese yen gained in thin trading on Monday as concerns about a partial government shutdo

Published 24 Dec, 2018 02:13pm

Financial

Bond market ‘recession gauge’ falters outside United States

LONDON: An inverted government bond yield curve is a fairly reliable omen of recession in the United States but its

Published 24 Dec, 2018 11:41am

Financial

Euro, yen gain as US political uncertainty weighs on dollar

LONDON: The euro and the Japanese yen gained in thin trading on Monday as concerns about a partial US government shu

Published 24 Dec, 2018 11:32am

Financial

Sterling stuck near recent lows, little to cheer ahead of Brexit vote

LONDON: The pound was stuck near four-month lows against the euro on Monday and while it extended its recent rebound

Published 24 Dec, 2018 11:14am

Financial

Rouble boosted by oil price recovery, Russian tax demands

MOSCOW: The Russian rouble firmed in thin trade on Monday, stepping away from weakest levels since September hit last we

Published 24 Dec, 2018 09:06am

Financial

Pound on course for strongest week since early November

LONDON: The British pound was on course for its best week in seven on Friday after recent heavy falls, although trading

Published 21 Dec, 2018 09:12pm

Financial

Russian rouble rebounds, stocks mixed

MOSCOW: The rouble firmed in early trade on Friday, rebounding from its weakest level since mid-September as oil prices

Published 21 Dec, 2018 09:17am

Financial

Dollar set for biggest weekly drop in 10 months

LONDON: The dollar consolidated overnight losses on Friday and is set for its biggest weekly drop in 10 months as the th

Published 21 Dec, 2018 08:50am

Financial

Rouble up, Rusal shares soar after US pledge to lift sanctions

MOSCOW: The Russian rouble firmed in early trade on Thursday and shares in Rusal soared after the United States said

Published 20 Dec, 2018 12:16pm

Financial

Dollar slips towards a 10-day low on growth concerns

LONDON: The dollar fell towards a 10-day low on Thursday against its rivals as concerns grew the United States may b

Published 20 Dec, 2018 11:58am

Financial

Sterling extends gains on strong retail sales before BoE meeting

LONDON: Sterling gained on Thursday, helped by better-than-expected retail sales numbers and a broadly weakened doll

Published 20 Dec, 2018 11:00am

Financial

Rouble up, Rusal shares soar after U.S. pledge to lift sanctions

MOSCOW: The Russian rouble firmed in early trade on Thursday and shares in Rusal soared after the United States said it

Published 20 Dec, 2018 08:01am

Financial

Pound falls versus euro as no-deal Brexit concerns weigh

LONDON: Sterling slid against the euro on Wednesday, dropping to a one-week low as concerns Britain is headed for a

Published 19 Dec, 2018 09:07pm

Financial

Russian rouble plunges to multi-week lows after weak bond sales

MOSCOW: The Russian rouble slumped to a five-week low against the dollar and hit its lowest since September versus the e

Published 19 Dec, 2018 04:47pm

Financial

Dollar weakens as investors brace for expected Fed caution

LONDON: The dollar fell on Wednesday as investors bet that the Federal Reserve would signal plans to slow its pace of in

Published 19 Dec, 2018 02:22pm

Financial

Sterling rises for third day before price data

LONDON: Sterling rose for a third consecutive day on Wednesday on hopes that Prime Minister Theresa May can avoid a no-d

Published 19 Dec, 2018 02:21pm

Financial

Rouble up from 3-week lows ahead of Fed, OFZ auctions in focus

MOSCOW: The Russian rouble firmed slightly on Wednesday, heading away from three-week lows ahead of weekly auctions of R

Published 19 Dec, 2018 08:39am

Financial

Sterling extends rebound on hopes PM May can avoid no-deal Brexit

LONDON: The British pound rose further away from 20-month lows on Tuesday, helped by a weaker dollar and hopes Prime

Published 18 Dec, 2018 09:32pm

Financial

Currencies weaken, Hungarian central bank seen holding fire

BUDAPEST: Central European currencies eased before a meeting of the Hungarian central bank that's expected to keep its b

Published 18 Dec, 2018 12:58pm

Financial

Russian rouble flat, stocks down ahead of Fed meeting

MOSCOW: The Russian rouble held steady in early trading on Tuesday despite a dip in oil prices as investors awaited a me

Published 18 Dec, 2018 08:33am

Financial

Sterling edges up as UK PM May reschedules Brexit vote for January

LONDON: The pound edged off 20-month lows on Monday as British Prime Minister Theresa May rescheduled a delayed vote

Published 17 Dec, 2018 08:56pm

Financial

Russian rouble buoyed by local tax payments and rate hike

MOSCOW: The Russian rouble firmed slightly on Monday, helped by local tax payments and last Friday's interest rate hike,

Published 17 Dec, 2018 02:51pm

Financial

Euro edges off lows as dollar rally takes a pause

LONDON: The euro clawed itself off recent lows on Monday as the dollar paused near 18-month highs and traders waited to

Published 17 Dec, 2018 02:41pm

Financial

Pound stuck near 20-month low as UK gov't rules out second Brexit referendum

LONDON: The pound languished near 20-month lows on Monday, with reports that more politicians are calling for a second B

Published 17 Dec, 2018 02:15pm

Financial

Sterling set for biggest weekly drop in 7 weeks on Brexit fears

LONDON: Sterling fell more than half a percent to below $1.26 on Friday after Prime Minister Theresa May returned from a

Published 14 Dec, 2018 01:25pm

Financial

Russian rouble down ahead of central bank board meeting

MOSCOW: The Russian rouble weakened in early trade on Friday ahead of a central bank rate-setting meeting and its decisi

Published 14 Dec, 2018 08:44am

Financial

Sterling's gains fizzle on Brexit concerns

LONDON: Sterling gave up most of the gains it made after Prime Minister Theresa May survived a no-confidence vote ov

Published 13 Dec, 2018 08:57pm

Financial

Euro slips, bond yields fall as ECB trims growth, inflation forecasts

LONDON: The euro weakened across the board and bond yields fell after the European Central Bank trimmed its growth and i

Published 13 Dec, 2018 03:44pm

Financial

Sterling gains as May seeks help in Brussels on Brexit

LONDON: Sterling strengthened on Thursday after Prime Minister Theresa May survived a no-confidence vote from her party,

Published 13 Dec, 2018 01:07pm

Financial

Euro's gains held back by caution over ECB meeting

LONDON: The euro nudged higher on Thursday after Italy moved to defuse a budget row with the European Union, although th

Published 13 Dec, 2018 12:37pm

Financial

Pound climbs on bets May will survive leadership challenge

LONDON: Sterling recovered from 20-month lows on Wednesday as traders positioned for Prime Minister Theresa May to s

Published 12 Dec, 2018 09:16pm

Financial

Dollar tiptoes higher for third day ahead of expected Fed hike

LONDON: The dollar edged higher for a third day before a widely expected US interest rate hike next week, but its gains

Published 12 Dec, 2018 01:57pm

Financial

Dollar up for a third day as yields rise; pound falls

LONDON: The dollar rose for a third consecutive day on Wednesday as US Treasury yields rose before a Federal Reserve mee

Published 12 Dec, 2018 12:36pm

Financial

Pound rebounds as UK's May pledges to fight on, warns Brexit in peril

LONDON: Sterling rose on Wednesday as Prime Minister Theresa May vowed to fight a challenge to her leadership and warned

Published 12 Dec, 2018 11:21am

Financial

Sterling sinks below $1.25 on talk of no-confidence vote in PM May

LONDON: Sterling's rebound came to an abrupt halt on Tuesday after a report that colleagues of Prime Minister Theres

Published 11 Dec, 2018 08:39pm

Financial

Rouble firms as global risk aversion fades; c.bank in focus

MOSCOW: Russia's rouble firmed on Tuesday as global risk aversion declined and Brent crude oil prices stabilised near $6

Published 11 Dec, 2018 08:03am

Financial

Pound hits 20-month low after Britain's May aborts Brexit vote

LONDON: Sterling tumbled to its weakest since April 2017 on Monday after Prime Minister Theresa May pulled a parliam

Published 10 Dec, 2018 08:48pm

Financial

Pound tumbles to 20-month low after Britain's May aborts Brexit vote

LONDON: Sterling tumbled to its weakest since April 2017 on Monday after Prime Minister Theresa May pulled a parliam

Published 10 Dec, 2018 08:16pm

Financial

Pound slides to 18-month low after Britain's May aborts Brexit vote

LONDON: Sterling skidded to its weakest since June 2017 on Monday after Prime Minister Theresa May pulled a parliamentar

Published 10 Dec, 2018 03:56pm

Financial

Dollar little changed after biggest weekly loss in three months

LONDON: The dollar consolidated losses on Monday after posting its biggest weekly drop in more than three months last we

Published 10 Dec, 2018 01:49pm

Financial

Rate hike bets buoy Czech crown despite inflation fall

BUDAPEST/ZAGREB: The crown set a 5-week high against the euro on Monday as expectations for further Czech central bank i

Published 10 Dec, 2018 01:09pm

Financial

Pound drops on report British PM May's decision on Brexit vote is imminent

LONDON: The pound fell on Monday after a media report said British Prime Minister Theresa May had called a meeting of se

Published 10 Dec, 2018 12:58pm

Financial

Romania sells 697.8mn lei of Oct. 2020 treasury bonds

BUCHAREST: Romania sold a more than plann ed 697.8 million lei ($171.20 million) of October 2020 treasury bonds on Monda

Published 10 Dec, 2018 12:21pm

Financial

Sterling falls to 1-1/2 year lows on reports PM May to pull Brexit vote

LONDON: The British pound fell to its lowest level since June 2017 on Monday on media reports British Prime Minister The

Published 10 Dec, 2018 12:06pm

Financial

Russian rouble firms on deal to cut oil output

MOSCOW: The Russian rouble firmed slightly on Monday, lifted by the decision by global oil producers to cut crude output

Published 10 Dec, 2018 10:09am

Financial

Sterling heads for fourth weekly drop on concerns about Brexit vote

LONDON: Sterling fell on Friday and was headed for a fourth consecutive week of losses as British Prime Minister The

Published 07 Dec, 2018 07:21pm

Financial

Weakening dollar props up pound as UK parliament vote eyed

LONDON: Sterling extended gains on Thursday thanks to a broadly weak dollar though concerns on how the British parliamen

Published 06 Dec, 2018 04:58pm

Financial

Russian rouble and stocks down ahead of OPEC meeting

MOSCOW: The Russian rouble weakened on Thursday, in line with some other emerging-market currencies, and stocks indexes

Published 06 Dec, 2018 02:20pm

Financial

Sterling holds above 1-1/2 year low as Brexit nerves rise

LONDON: Sterling held above a 1-1/2 year low on Thursday as concerns on how a British Parliament vote on Prime Minister

Published 06 Dec, 2018 01:37pm

Financial

Dollar, yen lifted as China exec arrest triggers trade concerns

LONDON: The dollar and the yen rose on Thursday after the arrest in Canada of a top executive of Chinese tech giant Huaw

Published 06 Dec, 2018 01:10pm

Financial

Sterling supported by rising odds of no-Brexit

LONDON: Sterling stemmed early losses on Wednesday on a more positive outlook over Brexit, overcoming data showing a sho

Published 05 Dec, 2018 02:46pm

Financial

Turkish lira weakens on concerns of looser monetary policy

ISTANBUL: Turkey's lira weakened some three percent on Tuesday amid increased expectations of an early loosening in

Published 04 Dec, 2018 06:26pm

Financial

Sterling steady after EU court aide says Britain can drop Brexit

LONDON: Sterling steadied on Tuesday after a senior European Union legal adviser said Britain could unilaterally wit

Published 04 Dec, 2018 06:19pm

Financial

Sterling skids to lowest since June 2017 after PM May loses Brexit contempt vote

LONDON: Sterling skidded on Tuesday to its weakest since June 2017 after Prime Minister Theresa May's government was

Published 04 Dec, 2018 06:01pm

Financial

Euro rises as Treasury yield drop whacks dollar; yuan at 2-month high

LONDON: The euro rallied above $1.14 on Tuesday as a fall in US Treasury yields encouraged further selling of the dollar

Published 04 Dec, 2018 12:05pm

Financial

China's offshore yuan extends surge to 2-1/2 month high

LONDON: China's offshore yuan extended this week's rally on Tuesday, hitting a 2-1/2 month high after the United States

Published 04 Dec, 2018 11:51am

Financial

Turkish lira weakens on concerns of looser monetary policy

ISTANBUL: Turkey's lira weakened nearly one percent on Tuesday, as expectations of an early loosening in monetary policy

Published 04 Dec, 2018 11:50am

Financial

Russian rouble gains as oil moves higher before OPEC meeting

MOSCOW: The Russian rouble firmed on Tuesday on a weaker dollar and higher oil prices before this week's OPEC meeting, w

Published 04 Dec, 2018 09:06am

Financial

Sterling slumps to five-week low on Brexit nerves

LONDON: Sterling fell on Monday to its lowest level since the end of October as growing concerns about British parli

Published 03 Dec, 2018 08:48pm

Financial

Euro, yuan lead surge after US-China trade war truce

LONDON: The euro and Australian dollar led the rally against the US dollar on Monday after Washington and Beijing's agre

Published 03 Dec, 2018 01:05pm

Financial

Relief rally lifts sterling though Brexit nerves weigh

LONDON: A broad rally across global stocks and risky currencies lifted the British pound on Monday, although growing con

Published 03 Dec, 2018 12:56pm

Financial

Rouble liquidity surplus may spur demand for OFZ bonds by year-end

MOSCOW: A surplus of rouble liquidity in Russia's banking system could boost demand for government bonds by the end of t

Published 03 Dec, 2018 12:10pm

Financial

Sterling dives to five-week low on Brexit nerves

LONDON: Sterling gave up all its early gains and dived to its lowest level since the end of October as growing concerns

Published 03 Dec, 2018 11:31am

Financial

Sterling set for third weekly drop with UK Brexit vote in focus

LONDON: Sterling fell on Friday and was headed for a third consecutive week of losses as caution grew among investor

Published 30 Nov, 2018 08:37pm

Financial

Dollar firms as countdown to Trump-Xi meeting gets underway

LONDON: The dollar strengthened on Friday, as markets nervously awaited the outcome of talks between the leaders of the

Published 30 Nov, 2018 02:09pm

Financial

Rouble weakens as Trump cancels meeting with Putin

MOSCOW: The Russian rouble weakened on Friday, paring the previous day's gains after U.S. President Donald Trump cancell

Published 30 Nov, 2018 08:09am

Financial

Sterling heads towards 2-week lows as Brexit jitters rise

LONDON: The pound fell towards a two-week low on Thursday amid growing concerns about the UK parliament's vote on Br

Published 29 Nov, 2018 08:19pm

Financial

Sterling erases earlier gains after cbank Brexit warning

LONDON: Sterling gave up most of its earlier gains and traded broadly flat on the day after the Bank of England warn

Published 28 Nov, 2018 09:28pm

Financial

Dollar holds near recent highs ahead of Powell speech

LONDON: The dollar rose for a fourth straight day on Wednesday as rising trade tensions prompted investors to seek the s

Published 28 Nov, 2018 01:12pm

Financial

Sterling rises off two-week lows on second Brexit vote hopes

LONDON: Sterling climbed off two-week lows on Wednesday, helped by comments from opposition Labour finance spokesman Joh

Published 28 Nov, 2018 01:11pm

Financial

Rouble, Russian shares gain despite mounting geopolitical woes

MOSCOW: The Russian rouble firmed in early trade on Wednesday and stock indexes moved higher, shrugging off concerns abo

Published 28 Nov, 2018 08:59am

Financial

Sterling slides with UK Brexit vote in doubt

LONDON: Sterling slumped against the dollar and the euro on Tuesday as doubts grew about whether British Prime Minis

Published 27 Nov, 2018 08:48pm

Financial

Rouble pares losses caused by Russia-Ukraine confrontation

MOSCOW: Russia's rouble gained on Tuesday, paring the losses on Monday triggered by Russia's seizure of Ukrainian naval

Published 27 Nov, 2018 12:19pm

Financial

Trump talk pushes dollar to near two-week highs

LONDON: The US dollar rallied on Tuesday after US President Donald Trump said that he would push ahead with tariffs on C

Published 27 Nov, 2018 12:14pm

Financial

Sterling weakens after Trump says Brexit deal may hamper trade with US

LONDON: Sterling slumped versus the dollar and the euro on Tuesday after falling through some key levels overnight on co

Published 27 Nov, 2018 12:02pm

Financial

Emerging currencies subdued over trade pessimism; shares mixed

Emerging market currencies weakened against a firmer dollar on Tuesday after US President Donald Trump doused hopes of a

Published 27 Nov, 2018 11:43am

Financial

Forint, crown ease on rising dollar, Ukraine tension

BUDAPEST/PRAGUE: The forint eased to a four-week low against the euro on Tuesday as a firming dollar and tension in the

Published 27 Nov, 2018 11:01am

Financial

Rouble pares losses caused by Russia-Ukraine confrontation

MOSCOW: Russia's rouble firmed in early trade on Tuesday, paring Monday's losses that were triggered by Russia's seizure

Published 27 Nov, 2018 08:13am

Financial

Pound steady on EU Brexit deal approval; UK vote in focus

LONDON: The pound steadied on Monday after Britain sealed a deal with the European Union on quitting the bloc, with

Published 26 Nov, 2018 08:56pm

Financial

Pound strengthens on EU Brexit deal approval; UK vote in focus

LONDON: The pound rose on Monday after the European Union sealed a Brexit deal but the currency's gains were curbed by d

Published 26 Nov, 2018 11:20am

Financial

Emerging FX rise vs tepid dollar, rouble pressured by Moscow-Kiev standoff

The rouble fell on Monday amid a standoff between Russia and Ukraine but other emerging market currencies firmed against

Published 26 Nov, 2018 10:57am

Financial

Rouble weakens amid new standoff between Russia and Ukraine

MOSCOW: The rouble weakened to its lowest since mid-November on Monday as market players priced in risks carried by Russ

Published 26 Nov, 2018 09:12am

Financial

Euro extends gains as Italy, stocks help

LONDON: The euro extended gains across the board on Monday as stronger stock markets and a more conciliatory budget tone

Published 26 Nov, 2018 09:10am

Financial

Euro rallies as Italy relief lifts risk appetite

LONDON: The euro strengthened against major currencies on Monday, with risk appetite lifted after the European Union and

Published 26 Nov, 2018 09:02am

Financial

Euro set for biggest weekly drop in a month on PMI data, oil fall

LONDON: The euro slumped half a percent on Friday on signs that economic growth could be slowing across the euro zone wi

Published 23 Nov, 2018 02:48pm

Financial

Sterling falls 0.5 percent towards $1.28 as Brexit nerves weigh

LONDON: Sterling fell nearly half a percent towards $1.28 as a slide in oil prices and a sturdy dollar prompted traders

Published 23 Nov, 2018 02:43pm

Financial

Euro falls on economic growth fears

LONDON: The euro fell nearly half a percent on Friday after signs that economic growth could be slowing across the euro

Published 23 Nov, 2018 09:44am

Financial

Euro holds gains on trade deal hopes; dollar weak

LONDON: The euro briefly rallied on Thursday after Britain and the European Union agreed in principle to a text sett

Published 22 Nov, 2018 08:17pm

Financial

Pound strengthens after UK, EU agree on draft declaration for future ties

LONDON: Sterling jumped to a one-week high on Thursday after Britain and the European union agreed a draft text sett

Published 22 Nov, 2018 08:01pm

Financial

Euro holds gains on trade deal hopes; dollar weak

LONDON: The euro briefly rallied to the day's highs on Thursday after Britain and the European Union agreed in principle

Published 22 Nov, 2018 02:33pm

Financial

Pound jumps after Britain, EU agree on draft declaration for future ties

LONDON: Sterling jumped to a one-week high on Thursday after Britain and the European union agreed on a text setting out

Published 22 Nov, 2018 11:56am

Financial

Euro bounces on trade deal hopes; dollar slides

LONDON: The euro briefly rallied to the day's highs on Thursday after Britain and the European Union agreed in principle

Published 22 Nov, 2018 11:53am

Financial

Rouble firms slightly on tax payments, stocks mixed

MOSCOW: The Russian rouble firmed slightly on Thursday thanks to demand from Russian exporters converting their foreign

Published 22 Nov, 2018 11:01am

Financial

Sterling steady as investors await EU Brexit summit

LONDON: Sterling traded flat on Thursday after Prime Minister Theresa May failed to secure a blueprint for Britain's fut

Published 22 Nov, 2018 10:19am

Financial

Rouble firms slightly on tax payments, stocks mixed

MOSCOW: The Russian rouble firmed slightly on Thursday thanks to demand from Russian exporters converting their foreign

Published 22 Nov, 2018 08:34am

Financial

Forint tracks euro easing as Hungarian central bank meets

BUDAPEST: The forint weakened as expectations for hawkish comments from the Hungarian central bank's meeting on Tuesday

Published 20 Nov, 2018 10:34am

Financial

Russian rouble down as oil prices fall

MOSCOW: The Russian rouble weakened on Tuesday after reaching three-weeks highs the day before as oil prices fell. At

Published 20 Nov, 2018 09:22am

Financial

Russian rouble down as oil prices fall

MOSCOW: The Russian rouble weakened on Tuesday after reaching three-weeks highs the day before as oil prices fell. At

Published 20 Nov, 2018 08:35am

Financial

Sterling inches higher as May battles to save her Brexit deal

LONDON: Sterling rose on Monday as British Prime Minister Theresa May sought to win support for her draft European U

Published 19 Nov, 2018 05:20pm

Financial

Rouble steadies, likely to gain; stocks up

MOSCOW: The rouble was steady on Monday, pricing in higher oil prices and month-end tax payments amid risks of highe

Published 19 Nov, 2018 02:36pm

Financial

Dollar bulls wary after biggest weekly drop in 2 months

LONDON: The dollar steadied on Monday after posting its biggest weekly drop in two months last week as investors gre

Published 19 Nov, 2018 11:28am

Financial

Sterling edges higher as May battles to save her Brexit deal

LONDON: Sterling rose on Monday as British Prime Minister Theresa May sought to win support for her draft European U

Published 19 Nov, 2018 11:19am

Financial

Sterling risk reversals fall to two-year low, point to more pain

LONDON: Risk reversals on sterling, a gauge of calls to puts on the British currency, plunged to their lowest levels

Published 16 Nov, 2018 11:32am

Financial

Pound dives as UK PM May fights for survival

LONDON: Sterling tumbled on Thursday after a series of resignations rocked Prime Minister Theresa May's government and t

Published 15 Nov, 2018 09:21pm

Financial

Sterling tumbles as PM May races to salvage Brexit deal

LONDON: Sterling tumbled on Thursday after a series of resignations rocked Prime Minister Theresa May's government a

Published 15 Nov, 2018 04:30pm

Financial

Euro extends gains as Italian concerns take back seat

LONDON: The euro strengthened on Thursday as investors cautiously welcomed Britain's draft Brexit deal with the Euro

Published 15 Nov, 2018 11:50am

Financial

Sterling plunges as Brexit minister Raab resigns

LONDON: The pound plunged against both the euro and the dollar on Thursday after British Brexit minister Dominic Raa

Published 15 Nov, 2018 11:42am

Financial

Dollar, yen gain as British Brexit turmoil spooks investors

LONDON: The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain's Brexit deal with th

Published 15 Nov, 2018 11:38am

Financial

British Brexit turmoil spooks investors, boosts dollar, yen

LONDON: The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain's Brexit deal with th

Published 15 Nov, 2018 11:12am

Financial

Rouble rebounds from multi-week lows, gov't bond yields fall

MOSCOW: The Russian rouble firmed in early trade on Thursday and government bond prices rallied as oil prices rose and f

Published 15 Nov, 2018 08:03am

Financial

Pound gets Brexit boost as equities slip

LONDON: European equity markets ended a volatile session lower Wednesday as the pound sterling gained on hopes of some k

Published 14 Nov, 2018 07:18pm

Financial

Sterling briefly falls to day's lows on Brexit nerves

LONDON: Sterling extended its falls in volatile trading on Wednesday, a move traders attributed to a Telegraph newsp

Published 14 Nov, 2018 02:11pm

Financial

Turkish lira volatility gauges calm to lowest since August

LONDON: Turkish lira 'implied' volatility hit its lowest since early August and broke through a key technical level

Published 14 Nov, 2018 01:31pm

Financial

Euro under pressure as Italy sticks to deficit target in budget

LONDON: The euro struggled below $1.13 on Wednesday as Italy stuck to its deficit target in a re-submitted draft bud

Published 14 Nov, 2018 01:26pm

Financial

Pound soars after UK says Brexit deal text is agreed

LONDON: Sterling hit a 7-month high versus the euro and rocketed beyond $1.30 on Tuesday after the United Kingdom and Eu

Published 13 Nov, 2018 09:40pm

Financial

Euro bounces but Italy, Brexit test nerves

LONDON: The euro edged up from a 16-month low on Tuesday as some investors consolidated positions but concerns about

Published 13 Nov, 2018 02:53pm

Financial

Euro drifts up but Italy, Brexit talks weigh

LONDON: The euro drifted up from a 16-month low on Tuesday as a pause in the dollar's rally prompted some investors

Published 13 Nov, 2018 12:49pm

Financial

Pound rebounds after UK minister says Brexit deal still possible this week

LONDON: Sterling extended its gains on Tuesday after British cabinet office minister David Lidington said a Brexit a

Published 13 Nov, 2018 12:44pm

Financial

Forint falls and Romanian CPI decline disappoints

BUDAPEST: The forint eased slightly on Monday as dollar buying amid worries over Britain's talks to quit the European Un

Published 12 Nov, 2018 07:36pm

Financial

Sterling pinned near 10-day lows on Brexit uncertainty

LONDON: The pound held near a 10-day low on Monday as the twin forces of a resurgent dollar and reduced expectations

Published 12 Nov, 2018 05:29pm

Financial

Sterling falls on Brexit nerves, dollar rally

LONDON: The pound held near a 10-day low on Monday as the twin forces of a resurgent dollar and reduced expectations

Published 12 Nov, 2018 03:39pm

Financial

Sterling bounces off early lows on FT report Brexit treaty text almost ready

LONDON: Sterling bounced from earlier lows on Monday after the Financial Times reported that the main elements of a

Published 12 Nov, 2018 03:08pm

Financial

Rouble up from multi-week lows, stocks rise as oil rebounds

MOSCOW: The Russian rouble recovered from multi-week lows in light trade on Monday, firming on the back of rising oi

Published 12 Nov, 2018 01:27pm

Financial

Sterling falls to 1-1/2 week lows as Brexit concerns rise

LONDON: Sterling fell more than one percent against the dollar on Monday, as the greenback strengthened broadly and

Published 12 Nov, 2018 12:16pm

Financial

Dollar hits 16-month high; Brexit fears knock sterling, euro

LONDON: The dollar rose to a 16-month high on Monday as investors positioned for a Federal Reserve interest rate ris

Published 12 Nov, 2018 12:15pm

Financial

Dollar hits 16-month high; Brexit fears knock sterling

LONDON: The dollar rallied to a 16-month high on Monday as investors positioned for a Federal Reserve interest rate

Published 12 Nov, 2018 11:40am

Financial

Dollar climbs toward 16-month high after hawkish Fed guidance

LONDON: The dollar rose towards a 16-month high on Friday after the US Federal Reserve kept interest rates steady an

Published 09 Nov, 2018 12:52pm

Financial

Rouble up from 4-week lows, gov't bonds under pressure

MOSCOW: The rouble firmed on Friday, recovering from four-week lows, while Russian government bonds remained under p

Published 09 Nov, 2018 09:20am

Financial

Sterling snaps 3-day rise on dlr bounce, Brexit deal nerves

LONDON: Sterling consolidated gains after a three-day rally, as a dollar rebound and hopes of an imminent Brexit dea

Published 08 Nov, 2018 04:42pm

Financial

Euro dips after EU cuts Italian outlook; dollar up before Fed meeting

LONDON: The euro fell on Thursday after the European Commission cut its forecasts for Italian growth, adding to inve

Published 08 Nov, 2018 03:40pm

Financial

Rouble firms ahead of Fed, VTB shares outperform after Q3 results

MOSCOW: The Russian rouble firmed slightly on Thursday helped by higher oil prices ahead of results of the U.S. Fede

Published 08 Nov, 2018 12:03pm

Financial

Dollar extends recovery on post-election relief

LONDON: The dollar rose on Thursday, pulling further away from 2-1/2 week lows hit on Wednesday, as the market breat

Published 08 Nov, 2018 11:44am

Financial

Sterling maintains gains despite report Brexit cabinet meeting delayed

LONDON: Sterling rose for a fourth consecutive day on Thursday as investors clung to hopes of an imminent Brexit dea

Published 08 Nov, 2018 11:40am

Financial

Sterling rallies on reports Britain closing in on Brexit deal

LONDON: Sterling rose for a third consecutive day on Wednesday, buoyed by reports suggesting Britain is preparing fo

Published 07 Nov, 2018 04:58pm

Financial

Brexit deal hopes send sterling to 2-week highs

LONDON: Sterling erased earlier losses and headed back towards the day's highs in volatile trading on Tuesday on gro

Published 06 Nov, 2018 05:02pm

Financial

Dollar inches up before midterm elections

LONDON: The dollar edged up on Tuesday but its gains were limited by investor caution about the U.S. midterm electio

Published 06 Nov, 2018 02:44pm

Financial

Sterling jumps to 2-week highs in volatile trade

LONDON: Sterling erased earlier losses and headed back towards the day's highs in volatile trading on Tuesday on gro

Published 06 Nov, 2018 02:13pm

Financial

Russian rouble firms, stocks up ahead of US election

MOSCOW: Russia's rouble firmed on Tuesday and stocks rose before U.S. mid-term election that could bring more clarit

Published 06 Nov, 2018 12:12pm

Financial

Turkish lira trades at 5.33 against dollar after gains on sanctions waiver

ISTANBUL: The Turkish lira traded at 5.33 against the dollar on Tuesday, around its strongest levels in three months, su

Published 06 Nov, 2018 08:40am

Financial

Sterling rallies on hopes for a UK customs deal Brexit agreement

LONDON: The pound rallied on Monday after a report said Britain was nearing a deal for leaving the European Union and th

Published 05 Nov, 2018 06:16pm

Financial

Dollar softens ahead of midterm elections, euro up

LONDON: The dollar paused after three consecutive weeks of gains as investors took profits before U.S. midterm elect

Published 05 Nov, 2018 04:32pm

Financial

Sterling rallies on report Brexit agreement will include UK customs deal

LONDON: Sterling rallied on Monday after a Sunday Times report said Britain was nearing a deal for leaving the Europ

Published 05 Nov, 2018 03:12pm

Financial

Dollar rally fades before US elections; pound jumps

LONDON: The dollar paused after three consecutive weeks of gains as investors took profits before U.S. midterm elect

Published 05 Nov, 2018 01:25pm

Financial

Dollar loses steam on trade deal hopes; US jobs data in focus

LONDON: The dollar fell on Friday before US jobs data as US President Donald Trump resumed efforts to resolve a dama

Published 02 Nov, 2018 12:46pm

Financial

Rouble gains despite lower oil, Sberbank shares up on Q3 results

MOSCOW: The Russian rouble firmed in early trade on Thursday, pricing in the dollar's retreat on the global market a

Published 01 Nov, 2018 12:25pm

Financial

Euro rebounds as investor sentiment recovers; sterling surges

LONDON: The euro rallied half a percent on Thursday as currencies hit hard by recent dollar buying surged higher in

Published 01 Nov, 2018 12:24pm

Financial

Sterling jumps on UK-EU financial services deal hopes

LONDON: Sterling rallied more than 1 percent on Thursday after a British official said London was close to sealing a

Published 01 Nov, 2018 11:18am

Financial

Turkey's lira weakens after government tax cut plans

ANKARA: Turkey's lira weakened more than two percent against the dollar on Wednesday after the government unexpectedly a

Published 31 Oct, 2018 09:35pm

Financial

Russian rouble steady, market eyes government bonds auctions

MOSCOW: Russia's rouble held steady on Wednesday as the impact of the globally stronger dollar was offset by rising

Published 31 Oct, 2018 12:24pm

Financial

Dollar scales 16-month highs on cautious BOJ, weak China data

LONDON: The dollar rose to its highest levels in more than a year on Wednesday as dovish comments by the Bank of Jap

Published 31 Oct, 2018 11:49am

Financial

Sterling climbs off 10-week low as investors turn to BoE

LONDON: Sterling on Wednesday rose off a 10-week low as investors turned their attention to a Bank of England moneta

Published 31 Oct, 2018 11:30am

Financial

Trade war worries boost dollar towards recent highs; euro struggles

LONDON: The dollar rose towards 2 1/2-month highs on Tuesday, supported by worries about an escalation of the Sino-U

Published 30 Oct, 2018 11:04am

Financial

Dollar stands tall as equities fall, global sentiment remains fragile

LONDON: The dollar rose towards a 10-week high against a basket of other currencies on Monday as concerns about glob

Published 29 Oct, 2018 03:11pm

Financial

Euro weakens on report Germany's Merkel won't seek re-election as party chair

LONDON: The euro briefly weakened on Monday after a report that German Chancellor Angela Merkel will not seek re-ele

Published 29 Oct, 2018 12:52pm

Financial

Dollar hits 10-week high before US GDP data

LONDON: The dollar rose to a 10-week high on Friday as investors waited to see if US economic growth figures do anyt

Published 26 Oct, 2018 12:47pm

Financial

Sterling falls as dollar rises, Brexit fears resurface

LONDON: The pound fell on Thursday as the dollar strengthened and relief about British Conservative lawmakers backing Pr

Published 25 Oct, 2018 08:59pm

Financial

Turkish lira firms after central bank keeps rate on hold

ISTANBUL: Turkey's lira firmed against the dollar on Thursday as the central bank kept interest rates on hold, in line w

Published 25 Oct, 2018 08:51pm

Financial

Euro slides to two-month low on economic growth fears

LONDON: The euro skidded more than half a percent to its weakest since Aug. 20 on Wednesday after signs that economi

Published 24 Oct, 2018 01:45pm

Financial

Sterling falls to six-week low before UK PM May addresses lawmakers

LONDON: The pound fell to a six-week low on Wednesday before British Prime Minister Theresa May was due to meet Cons

Published 24 Oct, 2018 01:36pm

Financial

Argentina peso slips despite central banker's optimistic messaging

BUENOS AIRES: Argentina's peso slipped on Tuesday, a day after the central bank's new governor reassured the public that

Published 23 Oct, 2018 09:21pm

Financial

Turkey's lira weakens as nationalists say no local election alliance

ISTANBUL: Turkey's lira was nearly 2 percent weaker against the dollar on Tuesday after the nationalist MHP party sa

Published 23 Oct, 2018 03:00pm

Financial

Euro wilts before EU decision on Italy budget

LONDON: The euro fell towards a two-month low on Tuesday before a meeting by the European Commission on Italy's budg

Published 23 Oct, 2018 12:14pm

Financial

Sterling nudges higher but Brexit uncertainty caps gains

LONDON: The British pound recovered from 2-1/2 week lows on Tuesday but gains were limited because of continuing unc

Published 23 Oct, 2018 12:11pm

Financial

Russian rouble stable, supported by tax payments despite lower oil

MOSCOW: The Russian rouble was steady in early trade on Tuesday, pressed by lower oil prices and a stronger dollar b

Published 23 Oct, 2018 12:08pm

Financial

Turkey's lira weakens more than 3pc after nationalists say to ditch AKP alliance

ISTANBUL: Turkey's lira weakened more than 3 percent on Tuesday, put it on track for its worst day in more than a mo

Published 23 Oct, 2018 12:05pm

Financial

Zloty softens, FX watches Italy-EU budget battle

BUCHAREST: Poland's zloty eased while other Central European currencies were virtually unchanged in cautious trade o

Published 23 Oct, 2018 11:53am

Financial

Yen, Swiss franc to regain allure if global market storm hits

LONDON: Shaky global stocks and a recent spike in U.S. equity volatility have sounded a warning for investors eager

Published 23 Oct, 2018 11:20am

Financial

Sterling sees worst day in a month on fear of challenge to PM May

LONDON: Sterling suffered its worst day in a month on Monday as fears grew that the prickly Irish border issue and d

Published 22 Oct, 2018 04:50pm

Financial

Rouble up thanks to higher oil prices and tax payments

MOSCOW: The rouble firmed on Monday, helped by higher oil prices and demand from Russian exporters converting their

Published 22 Oct, 2018 02:28pm

Financial

Sterling slips as Brexit worries rise before May speech

LONDON: Sterling slipped on Monday, as the prickly Irish border issue and disagreements within the UK ruling party o

Published 22 Oct, 2018 01:39pm

Financial

Euro rally proves temporary despite relief over Italian budget

LONDON: The euro failed to hold early-session gains on Monday as investors focused on the likelihood of further poli

Published 22 Oct, 2018 12:34pm

Financial

Russian rouble opens down on Friday amid higher US dollar

MOSCOW: The Russian rouble opened weaker on Friday despite stronger oil prices as the US dollar continued to feel a supp

Published 19 Oct, 2018 02:23pm

Financial

Euro falls towards two-month low after EU confronts Italy over budget

LONDON: The euro fell towards a two-month low on Friday after the European Union criticized Italy's spending plans, rais

Published 19 Oct, 2018 01:47pm

Financial

Euro, Italian bonds sold as EU warns on Italy budget

LONDON: Investors sold Italian bonds and the euro on Friday, with Italy's bond yield hitting four-year highs as the Euro

Published 19 Oct, 2018 01:24pm

Financial

Sterling gains after EU's Barnier says Brexit deal 90pc done

LONDON: The pound rose on Friday after European Union negotiator Michel Barnier said a Brexit deal with the United Kingd

Published 19 Oct, 2018 12:45pm

Financial

Sterling hits 10-day low as PM May says EU Brexit border proposal unacceptable

Sterling fell to the lowest level in 10 days against the dollar on Thursday, extending earlier losses after Prime Minist

Published 18 Oct, 2018 03:38pm

Financial

Turkish lira weakens after hitting strongest level in two months

ISTANBUL: The Turkish lira weakened against the US dollar on Thursday, after hitting its strongest level in more than tw

Published 18 Oct, 2018 12:18pm

Financial

Russian rouble down as dollar rises, oil prices fall

MOSCOW: The Russian rouble weakened on Thursday, under pressure from a stronger dollar and lower oil prices. The doll

Published 18 Oct, 2018 12:05pm

Financial

Pound supported as Britain's May open to longer Brexit transition

LONDON: The British pound recovered to trade flat on Thursday after Prime Minister Theresa May confirmed she was open to

Published 18 Oct, 2018 11:17am

Financial

Russian rouble slips as US data boosts appetite for dollar assets

MOSCOW: The Russian rouble eased on Wednesday as strong US industrial production data boosted the US dollar and investor

Published 17 Oct, 2018 01:40pm

Financial

Dollar gains for a second day as markets eye Fed minutes

LONDON: The dollar edged higher on Wednesday as a rally on Wall Street boosted risk appetite, although gains were capped

Published 17 Oct, 2018 01:08pm

Financial

Sterling eases after inflation falls more than forecast

LONDON: The British pound weakened on Wednesday after inflation fell more than expected in September, easing a squeeze o

Published 17 Oct, 2018 12:27pm

Financial

Zloty leads currencies' retreat, equities lose momentum

BUDAPEST: Central European currencies gave up some of their recent gains on Wednesday while government bonds firmed slig

Published 17 Oct, 2018 11:43am

Financial

Sterling gains on labour data, no advance seen at EU summit

LONDON: The pound rose above $1.32 on Tuesday on stronger-than-expected labour data, but investors said doubts about

Published 16 Oct, 2018 09:14pm

Financial

Turkish lira firms to its strongest in two months against dollar

ISTANBUL: Turkey's lira firmed some 2 percent on Tuesday, hitting its strongest in more than two months against the

Published 16 Oct, 2018 08:49pm

Financial

South Africa's rand steady as dollar struggles, stocks to open lower

JOHANNESBURG: South Africa's rand inched lower early on Tuesday due to profit-taking as the dollar regained some ground

Published 16 Oct, 2018 01:23pm

Financial

Russian rouble up, spurred by tax payments

MOSCOW: The Russian rouble opened higher on Tuesday, buoyed by the start of monthly tax payments. At 0715 GMT, the ro

Published 16 Oct, 2018 01:22pm

Financial

Dollar rises on firmer US yields; yuan struggles

LONDON: The dollar edged higher on Tuesday as firmer US Treasury yields encouraged investors to buy the greenback after

Published 16 Oct, 2018 12:32pm

Financial

Sterling rises on labour data, but EU summit fears curb gains

LONDON: The pound rose above $1.32 on Tuesday after labour data beat expectations, but investors said doubts that a Brex

Published 16 Oct, 2018 10:18am

Financial

Forint sets two-month high on gold reserves rise

BUDAPEST: The forint hit a two-month high against the euro on Tuesday, outperforming other Central European currencies,

Published 16 Oct, 2018 09:50am

Financial

Sterling stuck near 1-week low as Brexit talks falter

LONDON: Sterling held near a one-week low on Monday as Brexit negotiations faltered before a crucial European Union

Published 15 Oct, 2018 08:09pm

Financial

Russian rouble spurred higher by stronger oil prices and local tax payments

MOSCOW: The Russian rouble firmed to almost two week highs thanks to strong oil prices and month-end tax payments. At

Published 15 Oct, 2018 12:04pm

Financial

Turkish lira firms on hopes of improving US ties

Turkey's lira and stocks rose on Monday on hopes of a thaw in relations between Ankara and Washington while a late rally

Published 15 Oct, 2018 10:45am

Financial

Turkish lira weakens after U.S. pastor released

ISTANBUL: Turkish lira weakened more than 1 percent on Monday, retreating after hitting its firmest in two months on Fri

Published 15 Oct, 2018 06:44am

Financial

Dollar recovers as equity sell-off eases

LONDON: The dollar edged up on Friday, reflecting investor confidence in the US economy, despite criticism by President

Published 12 Oct, 2018 12:40pm

Financial

Turkish lira firms against dollar ahead of US pastor hearing

ISTANBUL: The Turkish lira firmed against the dollar on Thursday, a day ahead of a hearing in the Turkish trial of a

Published 11 Oct, 2018 11:00pm

Financial

Sterling nears three-month high as EU summit approaches

LONDON: Sterling rose against a weaker dollar on Thursday on hopes of a Brexit deal, but concern among investors abo

Published 11 Oct, 2018 08:51pm

Financial

Russian rouble firms on US inflation data, shares near 3-week lows

MOSCOW: Russia's rouble firmed against the dollar on Thursday following U.S. inflation data, but its share indexes w

Published 11 Oct, 2018 08:42pm

Financial

Dollar struggles on softer US yields; Swedish crown jumps

LONDON: The dollar weakened on Thursday following an overnight drop in US Treasury yields, though moves in foreign excha

Published 11 Oct, 2018 11:17am

Financial

Sterling sits tight as investors await further Brexit progress

LONDON: The pound traded flat on Thursday despite signs the EU and Britain may soon agree a Brexit deal, with investors

Published 11 Oct, 2018 10:50am

Financial

Sterling rallies after EU's Barnier says UK Brexit deal 80-85 pct agreed

LONDON: Sterling rose half a percent to trade above $1.32 on Wednesday after European Union Brexit negotiator Michel

Published 10 Oct, 2018 08:30pm

Financial

Hopes for Brexit deal lift euro, sterling

NEW YORK: The euro and sterling rose on Wednesday, underpinned by optimism for a Brexit deal, while the dollar lost grou

Published 10 Oct, 2018 03:46pm

Financial

Rouble steady, market keeps eye on govt bonds auction

MOSCOW: The Russian rouble was steady in early trade on Wednesday while stocks slid lower as investors searched for new

Published 10 Oct, 2018 12:44pm

Financial

Pound hits 3-1/2 month high vs euro on fresh Brexit deal hopes

LONDON: Sterling hit a new 3-1/2 month high versus the euro and added to gains against the dollar on Wednesday on optimi

Published 10 Oct, 2018 11:45am

Financial

Euro steadies as dollar rally takes a pause

LONDON: The euro steadied near $1.15 and away from seven-week lows on Wednesday as a fall in US Treasury yields took som

Published 10 Oct, 2018 11:25am

Financial

Euro stuck at seven-week low on Italy budget row, strong dollar

LONDON: The euro fell to a seven-week low on Tuesday as the dollar rose broadly and concerns persisted about a row i

Published 09 Oct, 2018 08:07pm

Financial

Sterling weakens as Brexit concerns weigh

LONDON: The British pound drifted nearly half a percent lower on Tuesday on the back of a stronger dollar and as investo

Published 09 Oct, 2018 01:48pm

Financial

Russian rouble follows oil higher, OFZ bonds in focus

MOSCOW: Russia's rouble opened higher on Tuesday, helped by stronger prices for its main export oil, as traders looking

Published 09 Oct, 2018 10:15am

Financial

Euro stuck near seven-week low on Italy budget woes

LONDON: The euro languished near a seven-week low on Tuesday as concerns about a row in the European Union over Italy's

Published 09 Oct, 2018 09:59am

Financial

Sterling weakens as dollar gains, caution sets in after Brexit deal optimism

LONDON: The British pound fell and the dollar rallied on Monday as traders approached with more caution recent state

Published 08 Oct, 2018 08:17pm

Financial

Rouble near 3-week lows amid lower oil prices, stronger dollar

MOSCOW: The Russian rouble weakened to a three-week low versus the dollar in early trade on Monday, pressured by lower o

Published 08 Oct, 2018 11:50am

Financial

Sterling drops as dollar gains, caution sets in after Brexit deal optimism

LONDON: The British pound fell on Monday as the dollar rallied and traders re-assessed the chances of a breakthrough in

Published 08 Oct, 2018 11:46am

Financial

Rouble recovers, market digests accusations of hacking campaign

MOSCOW: The Russian rouble firmed in early trade on Friday, recovering from two-week lows it hit the day before amid int

Published 05 Oct, 2018 01:15pm

Financial

Sterling strengthens after EU Brexit divorce deal ‘very close’ report

LONDON: Sterling touched a two-month high versus the euro and gained against the dollar on Friday after the European Uni

Published 05 Oct, 2018 01:01pm

Financial

Dollar builds toward six-week high as US jobs data eyed

LONDON: The dollar edged toward a six-week high on Friday before monthly US jobs data that investors hope will shed ligh

Published 05 Oct, 2018 11:46am

Financial

Russian rouble hits two-week low after new hacking allegations

MOSCOW: The rouble weakened against the dollar to a two-week low on Thursday as Britain and the Netherlands accused

Published 04 Oct, 2018 08:51pm

Financial

Sterling surges on signs EU, Britain ready for compromise on Brexit proposals

LONDON: Sterling rallied on Thursday as investors bet Britain and the European Union were moving closer to an agreed

Published 04 Oct, 2018 08:44pm

Financial

Assets fall on prospect of Fed hikes, forint gives up ground

BUDAPEST: Central European asset prices eased on Thursday as upbeat US economic data and optimistic comments from Federa

Published 04 Oct, 2018 01:28pm

Financial

Sterling gains after EU source welcomes new UK Brexit proposals

LONDON: Sterling gained on Thursday after a European Union source said new British proposals for avoiding extensive bord

Published 04 Oct, 2018 01:11pm

Financial

Sterling steadies after PM May sticks to Brexit script

LONDON: The British pound briefly fell towards a three-week low on Wednesday as Prime Minister Theresa May defended

Published 03 Oct, 2018 07:59pm

Financial

Dollar lifted vs euro after confident Fed comments

LONDON: The dollar strengthened against other major currencies on Wednesday after a top US policymaker said inflation ex

Published 03 Oct, 2018 01:14pm

Financial

Euro lifted off six-week low by Italian budget speculation

LONDON: The euro rebounded on Wednesday after reports that Italy plans to reduce its budget deficit over the next three

Published 03 Oct, 2018 11:21am

Financial

Sterling steadies near 3-week low before May's speech, PMI

LONDON: The British pound held near a three-week low on Wednesday as investors waited on the sidelines before services s

Published 03 Oct, 2018 11:19am

Financial

Rouble gains as oil prices rise; government bond auctions in focus

MOSCOW: The Russian rouble gained on Wednesday as oil prices rose and the dollar weakened globally, while the benchmark

Published 03 Oct, 2018 11:12am

Financial

Sterling at three-week low as government conflict over Brexit escalates

LONDON: The pound slid to a three-week low on Tuesday as a conflict over UK Prime Minister Theresa May's Brexit plan esc

Published 02 Oct, 2018 03:13pm

Financial

Euro slides after Italian lawmaker mentions return to own currency

LONDON: The euro fell towards a five-week low on Tuesday after a senior official from Italy's ruling party said most of

Published 02 Oct, 2018 12:55pm

Financial

Sterling buoyed by Irish border hopes but Tory Brexit conflict weighs

LONDON: Sterling rose on Monday on reports Britain is preparing to make a significant offer to the EU to reach a Bre

Published 01 Oct, 2018 08:26pm

Financial

Russian rouble steady, stocks at all-time high

MOSCOW: The Russian rouble was steady on Monday amid higher oil prices and lingering uncertainty about US sanctions, whi

Published 01 Oct, 2018 11:42am

Financial

Sterling rises despite fears of Tory Brexit conflict

LONDON: The pound rose after Britain's finance minister said on Monday the European Union was willing to do a Brexit dea

Published 01 Oct, 2018 10:29am

Financial

Sterling falters on GDP as Brexit pressures grow

LONDON: Sterling fell to an 11-day low on Friday after data showed that British companies had cut their investment in th

Published 28 Sep, 2018 11:27am

Financial

Turkish lira firms on hopes of better US ties and after Akbank loan

ISTANBUL: Turkey's lira strengthened 2 percent on Thursday, touching its firmest level in a month, on growing optimi

Published 27 Sep, 2018 08:26pm

Financial

Sterling weakens on surging dollar, Brexit uncertainty

LONDON: The pound slumped on Thursday on the back of broad dollar gains after a U.S. rate hike, and with investors s

Published 27 Sep, 2018 08:23pm

Financial

Turkish lira firms on hopes of better US, E.U. relations

ISTANBUL: Turkey's lira firmed on Thursday supported by what traders said was growing optimism about an improvement in T

Published 27 Sep, 2018 02:38pm

Financial

Sterling edges lower but Brexit hopes keep pound supported

LONDON: The pound slipped on Wednesday as investors remained cautious about the ongoing negotiations between Britain and

Published 26 Sep, 2018 12:45pm

Financial

Crown firms, Czech central bank seen increasing rates again

BUDAPEST/PRAGUE: The Czech crown edged higher on Wednesday as central bank (CNB) policymakers met and were expected to r

Published 26 Sep, 2018 12:11pm

Financial

Turkey's lira slightly firmer, investors weigh up prospects of better US ties

ISTANBUL: The lira firmed slightly on Tuesday as investors weighed up the prospect of an improvement in Turkey-US ties a

Published 25 Sep, 2018 02:50pm

Financial

Sterling rises for second day on hopes for Brexit deal

LONDON: Sterling rose for a second day on Tuesday as risk appetite improved and expectations of a Brexit deal grew, prom

Published 25 Sep, 2018 02:48pm

Financial

Euro up despite ECB playing down Draghi inflation comments

LONDON: The euro inched higher on Tuesday despite a European Central Bank official playing down its president Mario Drag

Published 25 Sep, 2018 11:36am

Financial

Sterling bounces on Brexit hopes, but Tory conference keeps investors wary

LONDON: The pound bounced on Monday, rising above $1.31 after a big selloff the previous session, but investors said

Published 24 Sep, 2018 09:31pm

Financial

Turkey's lira firms after Pompeo says he expects talks on US pastor

ISTANBUL: Turkey's lira firmed more than 3 percent on Monday after U.S. Secretary of State Mike Pompeo said he expec

Published 24 Sep, 2018 07:49pm

Financial

Euro rises to more than 3-month high on Draghi's inflation comments

NEW YORK: The euro rose to more than a three-month high against the dollar on Monday after European Central Bank chief M

Published 24 Sep, 2018 03:38pm

Financial

Rouble firms near 66 vs dollar; shares in EN+ outperform

MOSCOW: The Russian rouble strengthened on Monday to more than six-week highs, while shares in Russian companies on the

Published 24 Sep, 2018 02:29pm

Financial

Sterling rebounds on Brexit hopes, but Tory conference keeps investors wary

LONDON: The British pound bounced half a percent to above $1.31 on Monday after a big selloff in the previous session, h

Published 24 Sep, 2018 01:54pm

Financial

Currencies ease on Fed hike expectations, Warsaw stocks rise

BUDAPEST: Central European currencies eased slightly on Monday on expectations that the US Federal Reserve will increase

Published 24 Sep, 2018 01:12pm

Financial

Dollar erases early gains, extends 2-week losing streak

LONDON: The dollar slipped on Monday, erasing its earlier gains, as investors searched for fresh clues to extend a multi

Published 24 Sep, 2018 11:35am

Financial

Dollar slumps as trade war concerns ebb, Fed in focus

LONDON: The dollar fell to a nine-week low against a basket of major currencies on Thursday as investors shifted the

Published 20 Sep, 2018 05:26pm

Financial

Sterling retreats after report on UK refusal of EU Irish border offer

LONDON: Sterling erased earlier gains on Wednesday after The Times reported that Britain's Prime Minister Theresa Ma

Published 19 Sep, 2018 04:52pm

Financial

Rouble reaches one-month high vs dollar, geopolitics in focus

MOSCOW: The Russian rouble rose to a one-month high against the U.S. dollar on Wednesday, supported by month-end tax

Published 19 Sep, 2018 01:02pm

Financial

Turkish lira firms ahead of Thursday's economic plan announcement

ISTANBUL: The Turkish lira strengthened 1 percent on Wednesday as investors weighed up expectations for Thursday's a

Published 19 Sep, 2018 12:40pm

Financial

Dollar near 7-week lows as investors look for fresh drivers

LONDON: The dollar neared a seven-week low against a basket of other currencies on Wednesday, while commodity curren

Published 19 Sep, 2018 12:29pm

Financial

Sterling falls after report on UK refusal over EU Irish border offer

LONDON: Sterling gave up earlier gains and briefly hit the day's lows on Wednesday at $1.3098 after the Times report

Published 19 Sep, 2018 12:24pm

Financial

Forint sets 4-week high as central bank revamps toolkit

BUDAPEST: The forint jumped on Tuesday, outperforming Central European peers as the Hungarian central bank (NBH) revampe

Published 18 Sep, 2018 08:46pm

Financial

Russian rouble extends gains as oil rises, Syria-related risks ease

MOSCOW: The Russian rouble extended gains late on Tuesday, supported by higher oil prices and an easing of geopolitical

Published 18 Sep, 2018 08:38pm

Financial

Sterling slips from six-week highs before EU summit

LONDON: The British pound pulled back from six-week highs on Tuesday as traders booked profits and investors struck

Published 18 Sep, 2018 04:10pm

Financial

Turkey's lira falls as much as 2 percent, wiping out gains from rate hike

ISTANBUL: Turkey's lira fell as much as 2 percent on Tuesday, erasing all its gains since the central bank's rate hi

Published 18 Sep, 2018 02:13pm

Financial

Sterling pulls back from six-week highs ahead of EU summit

LONDON: The British pound pulled back from six-week highs on Tuesday as traders booked profits and investors struck

Published 18 Sep, 2018 01:11pm

Financial

Dollar pinned near 7-week lows as trade war heats up

LONDON: The dollar held near seven-week lows against its rivals on Tuesday while riskier currencies gained after U.S

Published 18 Sep, 2018 12:07pm

Financial

Turkish lira hits 6.35 against dollar, erasing post-rate hike gains

ISTANBUL: Turkey's lira slipped against the dollar on Tuesday as investors remained uneasy about President Tayyip Er

Published 18 Sep, 2018 10:27am

Financial

Dollar falls for second day as trade war escalates

LONDON: The dollar fell for a second consecutive day and the euro gained on Tuesday after U.S. President Donald Trum

Published 18 Sep, 2018 08:57am

Financial

Russian rouble opens up after Russia-Turkey deal on Syria's Idlib

MOSCOW: The Russian rouble opened higher on Tuesday, supported by talks between Russia and Turkey over Syria's Idlib

Published 18 Sep, 2018 08:41am

Financial

Turkey's lira weakens, bank shares fall after Erdogan Isbank comments

ISTANBUL: Turkey's lira weakened 2 percent and banking shares fell on Monday after President Tayyip Erdogan was quot

Published 17 Sep, 2018 04:48pm

Financial

Sterling rises on Irish border hopes, weak dollar before EU summit

LONDON: The pound on Monday hit a six-week high, helped by a weaker dollar and reports of progress on the Irish bord

Published 17 Sep, 2018 04:44pm

Financial

Sterling rises on Irish border hopes before EU summit

LONDON: The pound rose on Monday, buoyed by reports of progress on the Irish border question, an obstacle to Brexit

Published 17 Sep, 2018 01:53pm

Financial

Dollar trims gains as trade concerns weigh

LONDON: The dollar gave up early gains and fell on Monday while emerging market currencies slipped nearly half a per

Published 17 Sep, 2018 01:04pm

Financial

Sterling slips but still set for big weekly rise

LONDON: Sterling slipped on Friday but remained on track for its biggest weekly rise since March, as worries about emerg

Published 14 Sep, 2018 08:28pm

Financial

Sterling buoyed by report on Irish border progress, BoE GDP forecast

LONDON: Sterling extended its earlier gains to move above $1.31 on Thursday after a media report that Britain and the Eu

Published 13 Sep, 2018 08:18pm

Financial

Currencies firm on dollar retreat, bond offers increased

BUDAPEST: Central European currencies reversed an early weakening on Thursday as investors sold the dollar after a slowd

Published 13 Sep, 2018 07:35pm

Financial

Sterling unmoved near recent highs after BoE keeps rates on hold

LONDON: Sterling held steady near recent highs on Thursday and was little moved by a Bank of England decision to kee

Published 13 Sep, 2018 12:28pm

Financial

Sterling rebounds from lows as Brexit rebels pledge loyalty to May

LONDON: Sterling bounced back from early lows in volatile trading on Wednesday after Brexit-supporting lawmakers in

Published 12 Sep, 2018 04:38pm

Financial

Trade war concerns underpin dollar gains

LONDON: The dollar consolidated gains on Wednesday as markets remained cautious about trade talks between the United

Published 12 Sep, 2018 03:26pm

Financial

Sterling off early lows but political concerns weigh

LONDON: Sterling bounced from early lows in volatile trading before a central bank meeting on Thursday, though repor

Published 12 Sep, 2018 03:13pm

Financial

Dollar's rise stalls as trade war fears weigh

LONDON: The dollar was largely unchanged on Wednesday as markets remained cautious over the likelihood of an escalat

Published 12 Sep, 2018 02:52pm

Financial

Turkish lira firms ahead of Thursday's central bank rate decision

ISTANBUL: The Turkish lira firmed on Wednesday as investors assessed prospects for Thursday's central bank rate-sett

Published 12 Sep, 2018 01:28pm

Financial

Rouble bounces off lows, central bank and sanctions in focus

MOSCOW: The Russian rouble firmed on Tuesday, bouncing off its weakest level since March 2016, as the market continu

Published 11 Sep, 2018 12:52pm

Financial

Sterling rises to 5-week highs as markets bet on Brexit deal

LONDON: Sterling rallied for a second consecutive day on Tuesday as a weaker dollar fuelled appetite for riskier cur

Published 11 Sep, 2018 12:40pm

Financial

Turkish lira little changed as central bank meeting approaches

ISTANBUL: The Turkish lira was little changed on Tuesday as investors waited for a central bank meeting this week wh

Published 11 Sep, 2018 12:20pm

Financial

Argentine peso down on doubts over intervention, IMF talks

SAO PAULO/BUENOS AIRES: Argentine equities and the peso both lost ground on Monday as analysts said intervention in the

Published 10 Sep, 2018 11:10pm

Financial

Dollar, franc struggle as bond yields drop

LONDON: The dollar struggled to build on its gains from last week on Monday while investors piled into riskier asset

Published 10 Sep, 2018 04:09pm

Financial

Sterling inches higher but Brexit overshadows robust GDP

LONDON: Sterling traded modestly higher against the dollar and euro on Monday as Brexit concerns overshadowed data s

Published 10 Sep, 2018 04:03pm

Financial

Rouble weakens beyond 70 per dollar before rate decision this week

MOSCOW: The Russian rouble weakened beyond 70 versus the dollar for the first time since mid-March 2016 on Monday, r

Published 10 Sep, 2018 03:54pm

Financial

Euro, sterling rise on hopes for Brexit deal

NEW YORK: The euro and sterling rose against the dollar on Monday after the European Union's top negotiator said an

Published 10 Sep, 2018 03:52pm

Financial

Sterling set for 3rd week of gains on Barnier comments

LONDON: Sterling briefly rose to a one-week high on Friday after European Union negotiator Michel Barnier said the EU wa

Published 07 Sep, 2018 09:22pm

Financial

Rouble up from 2-1/2-year lows, govt bonds hit by sanction fears

MOSCOW: The Russian rouble bounced off 2-1/2-year lows on Friday while prices of government bonds dropped to multi-m

Published 07 Sep, 2018 12:50pm

Financial

Sterling jumps to 1-week high on EU Barnier comments

LONDON: Sterling jumped to a one-week high against the dollar on Friday after European Union negotiator Michel Barni

Published 07 Sep, 2018 12:27pm

Financial

Dollar trapped in ranges on trade war fears

LONDON: The Australian dollar skidded to its weakest level in more than 2-1/2 years as fears over an escalation in t

Published 07 Sep, 2018 12:25pm

Financial

As lira tumbles, Turkey requires exporters to convert revenue to lira

ISTANBUL: Turkey has required exporters to convert the bulk of their overseas revenue into lira, a surprise move des

Published 07 Sep, 2018 12:24pm

Financial

Currencies rebound as dollar dips, Polish bonds ease

BUDAPEST/BELGRADE: Central European currencies and stocks mostly rebounded on Thursday as the dollar weakened, with the

Published 06 Sep, 2018 08:01pm

Financial

Sterling nears day's highs but Brexit concerns weigh

LONDON: Sterling extended gains on Thursday on the back of a weak dollar but remained well below highs hit in the previo

Published 06 Sep, 2018 07:54pm

Financial

Rouble slumps to weakest since 2016 on sanctions fears

MOSCOW: The Russian rouble crashed to its weakest levels in two and a half years on Thursday, pressured by fears of more

Published 06 Sep, 2018 06:56pm

Financial

Dollar dips despite US tariff fears as Brexit hopes lift pound

LONDON: The dollar edged down on Thursday after a bounce in European currencies but investors said concerns about US

Published 06 Sep, 2018 12:15pm

Financial

Sterling up on Brexit breakthrough hopes, trade worries support dollar

NEW YORK: Sterling rose against the dollar and the euro on Wednesday after Bloomberg reported that the British and G

Published 05 Sep, 2018 03:59pm

Financial

Rouble weakens again on geopolitical concerns, EM jitters

MOSCOW: The rouble hit its weakest level in two weeks on Wednesday, tracing moves in other emerging-market currencie

Published 05 Sep, 2018 01:50pm

Financial

Sterling bounces off day's lows but trade war concerns weigh

LONDON: Sterling bounced off a two-week low on Wednesday after a stronger than expected services PMI report but the

Published 05 Sep, 2018 01:28pm

Financial

Dollar rises on fears of new US trade tariffs

LONDON: The dollar rose broadly on Wednesday as concerns grew that U.S. President Donald Trump may soon ramp up a tr

Published 05 Sep, 2018 01:09pm

Financial

Russian rouble weaker on strong dollar and sanctions risks

MOSCOW: The Russian rouble fell against the dollar on Tuesday after investors worried about global trade tensions an

Published 04 Sep, 2018 02:36pm

Financial

Turkish lira weakens as cbank says inflationary pressures will persist

ISTANBUL: The Turkish lira weakened on Tuesday, after data showed that inflation climbed to its highest level in 15

Published 04 Sep, 2018 02:33pm

Financial

Dollar powers ahead on trade war concerns; euro falls

LONDON: The dollar extended gains across the board on Tuesday, rising nearly half a percent, as concerns about a pos

Published 04 Sep, 2018 02:29pm

Financial

Sterling falls as doubts build over Brexit, BoE's Carney

LONDON: The pound sank to a one-week low on Tuesday on rising doubt among investors about the progress of Brexit tal

Published 04 Sep, 2018 02:21pm

Financial

Dollar set for biggest rise in 2 weeks on trade war fears

LONDON: The dollar extended gains on Tuesday as concerns about a possible escalation in trade conflict between the U

Published 04 Sep, 2018 01:14pm

Financial

Trade and emerging market worries keep dollar near one-week high

LONDON: The dollar consolidated near a one-week high against a basket of currencies on Monday as tensions around glo

Published 03 Sep, 2018 05:12pm

Financial

Sterling plunges vs euro as Brexit fears take centre-stage

LONDON: The British pound was set on Monday for its biggest daily drop against the euro in more than three months as

Published 03 Sep, 2018 03:31pm

Financial

Russian rouble down on emerging markets jitters and geopolitical tensions

MOSCOW: The Russian rouble eased on Monday, pressed by emerging markets jitters and geopolitical tensions after the

Published 03 Sep, 2018 02:02pm

Financial

Sterling extends losses vs dollar, euro on disappointing PMI data

LONDON: Sterling extended losses against the dollar and the euro on Monday after British manufacturers had their wea

Published 03 Sep, 2018 01:53pm

Financial

Lira falls as inflation spikes, rupiah hits 20-yr low

LONDON: Turkey's lira led emerging currency losses on Monday after inflation spiked to almost 18 percent in August,

Published 03 Sep, 2018 01:48pm

Financial

Trade worries help dollar settle at 1-week highs

LONDON: The dollar consolidated near a one-week high against a basket of rivals on Monday as tensions around global

Published 03 Sep, 2018 01:21pm

Financial

Zloty weakens; regional PMIs are mixed

BUDAPEST: Central European currencies were mixed on Monday after mixed reports on the region's manufacturing with th

Published 03 Sep, 2018 01:15pm

Financial

Dollar steadies as euro hit by US trade tariff concerns

LONDON: The euro fell on Friday on anxiety about an escalating trade conflict between the US and the European Union.

Published 31 Aug, 2018 08:05pm

Financial

Sterling set for fifth monthly loss on Brexit concerns, data

LONDON: Sterling fell on Friday, retreating from a one-month high in the previous session as investors took profits from

Published 31 Aug, 2018 07:36pm

Financial

Argentine peso starts to recover after two days of crashes

BUENOS AIRES: Argentina's peso began to recover on Friday as markets opened, making a tiny gain of 0.68 percent, aft

Published 31 Aug, 2018 02:15pm

Financial

Sterling rises on Brexit hopes, but no-deal risk curbs gains

LONDON: Positive signals from London and Brussels over the trade component of Britain's EU divorce talks drove sterl

Published 30 Aug, 2018 03:59pm

Financial

Dollar falls for 5th day as trade war fears ease

LONDON: The dollar fell for a fifth consecutive day on Thursday as easing concerns over trade conflicts fuelled appe

Published 30 Aug, 2018 01:58pm

Financial

Russian rouble falls as appetite for risk wanes

MOSCOW: The Russian rouble weakened on Thursday as geopolitical concerns and disruption in emerging markets made inv

Published 30 Aug, 2018 01:57pm

Financial

Lira, rand tumble after Argentine peso crashes

LONDON: Emerging currencies sold off sharply again on Thursday after Argentina's peso suffered its biggest one-day d

Published 30 Aug, 2018 01:55pm

Financial

Sterling jumps on Brexit hopes, but no-deal risk caps gains

LONDON: Positive signals from London and Brussels over the trade component of EU divorce talks drove sterling higher

Published 30 Aug, 2018 01:13pm

Financial

Dollar slips for a fifth day as trade spat concerns ease

LONDON: The dollar edged lower for a fifth consecutive day on Thursday as easing concerns over trade conflicts fuell

Published 30 Aug, 2018 01:05pm

Financial

Turkey lira hits two-week low after Moody's downgrades

ANKARA: The Turkish lira tumbled on Wednesday to its lowest value against the US dollar in two weeks, despite Ankara's a

Published 29 Aug, 2018 05:09pm

Financial

Sterling jumps 0.8pc vs dollar, stocks slip on Barnier remarks

LONDON: Sterling rallied sharply on Wednesday and British stocks fell after the European Union's chief negotiator Mi

Published 29 Aug, 2018 03:10pm

Financial

Rouble dips as emerging market jitters outweigh Putin's pension move

MOSCOW: The rouble eased on Wednesday alongside other emerging market currencies after ratings agency Moody's sounde

Published 29 Aug, 2018 02:06pm

Financial

No-let up in Turkey lira slide after Moody's downgrades

ANKARA: The Turkish lira showed no sign of recovery as it slid further against the US dollar on Wednesday, hours aft

Published 29 Aug, 2018 12:26pm

Financial

Turkish lira weakens, Moody's delivers more downgrades

ISTANBUL: The Turkish lira weakened on Tuesday as investors weighed up Turkey's efforts to manage its rift with the

Published 28 Aug, 2018 04:38pm

Financial

Rouble lifted by domestic payments, higher oil prices

MOSCOW: The rouble firmed slightly on Tuesday supported by domestic month-end tax payments, suspension of daily doll

Published 28 Aug, 2018 03:08pm

Financial

Sterling slips to one-year low vs euro on no-deal Brexit angst

LONDON: Sterling fell to a near one-year low against the euro on Tuesday after British Prime Minister Theresa May pl

Published 28 Aug, 2018 03:02pm

Financial

Turkish lira weakens against dollar, minister warns on sanctions

ISTANBUL: The Turkish lira weakened on Tuesday as investors weighed up Turkey's efforts to manage its rift with the

Published 28 Aug, 2018 02:18pm

Financial

Dollar pinned near 1-month low as risk appetite returns

LONDON: The dollar fell to a near one-month low against a basket of its rivals on Tuesday as a U.S.-Mexico trade dea

Published 28 Aug, 2018 02:03pm

Financial

Rouble under pressure from new US sanctions on Moscow

MOSCOW: The Russian rouble fell towards its lowest levels since 2016 in early trade on Monday as support from month-

Published 27 Aug, 2018 01:59pm

Financial

Russian wheat prices fall with global benchmark, rouble

MOSCOW: Russian wheat export prices fell last week with the global benchmark in Chicago and because of a weaker roub

Published 27 Aug, 2018 01:57pm

Financial

Turkish lira slides 3 percent as markets reopen, eyes on US stand-off

ISTANBUL: The Turkish lira weakened 3 percent against the dollar on Monday after a week-long holiday, hit by persist

Published 27 Aug, 2018 12:42pm

Financial

Dollar steady after Powell speech, NAFTA hopes lift Mexican peso

LONDON: The dollar steadied on Monday as risk sentiment improved following reassuring Federal Reserve comments and s

Published 27 Aug, 2018 12:05pm

Financial

Russian rouble extends losses as central bank resumes buying FX

MOSCOW: The Russian rouble on Tuesday headed back towards its weakest level since April 2016, which it hit earlier t

Published 21 Aug, 2018 04:43pm

Financial

Sterling seizes on dollar weakness to approach two-week high

LONDON: The British pound rose towards a two-week high on Tuesday after the dollar fell following comments from U.S.

Published 21 Aug, 2018 04:36pm

Financial

Turkish lira weakens after Trump says 'no concessions'

ISTANBUL: The lira weakened against the dollar in thin holiday trade on Tuesday, after U.S. President Donald Trump r

Published 21 Aug, 2018 01:29pm

Financial

Sterling boosted by drop in dollar, but Brexit negotiations weigh

LONDON: The British pound rose to a near two-week high on Tuesday after the dollar fell following comments from U.S.

Published 21 Aug, 2018 01:23pm

Financial

Dollar weakens after Trump criticises Fed

LONDON: The dollar weakened on Tuesday after U.S. President Donald Trump criticised the head of the Federal Reserve

Published 21 Aug, 2018 12:41pm

Financial

Euro drops ahead of planned US-China trade talks

LONDON: The euro slipped on Monday as the dollar gained before trade talks between the United States and China, due

Published 20 Aug, 2018 03:28pm

Financial

Turkey's lira weakens more than 6 pct on threat of more US sanctions

ISTANBUL: Turkey's battered lira weakened more than 6 percent against the dollar on Friday, after a US warning that Anka

Published 17 Aug, 2018 02:10pm

Financial

Sterling edges off 14-month lows but Brexit checks gains

LONDON: Sterling edged up from 14-month lows on Thursday but it gains were marginal despite strong British retail sa

Published 16 Aug, 2018 04:23pm

Financial

Rouble tries to recover, sell-off wave hits OFZ bonds

MOSCOW: The Russian rouble regained ground on Thursday after another sell-off, but lingering concern about U.S. sanc

Published 16 Aug, 2018 03:41pm

Financial

Resurgent dollar sends commodities and emerging markets reeling again

LONDON: The dollar resumed its rise on Wednesday, surging to new 13-month highs and upping pressure on commodities,

Published 15 Aug, 2018 10:29pm

Financial

Sterling suffers longest losing streak since 2008 as dollar surges

LONDON: Sterling fell on Wednesday for the twelfth consecutive day as the US dollar strengthened, leaving the pound at i

Published 15 Aug, 2018 02:24pm

Financial

Argentine peso opens 2.07 pct weaker at 30.5 per dollar

BUENOS AIRES: The Argentine peso opened 2.07 percent weaker at 30.5 per US dollar on Wednesday, traders said, citing inf

Published 15 Aug, 2018 02:02pm

Financial

Forint leads fall on risk aversion stemming from Turkey

BUDAPEST: Hungary's forint fell one percent against the euro on Monday as risk aversion in the wake of Turkey's currency

Published 13 Aug, 2018 01:40pm

Financial

Euro, emerging markets wilt as Turkey rout drives investors to seek safety

LONDON: The euro slid to a fresh 13-month low and emerging market currencies slumped further on Monday, while the yen su

Published 13 Aug, 2018 12:35pm

Financial

Turkish lira pulls back from record low, markets rattled

ISTANBUL: Turkey's lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to

Published 13 Aug, 2018 12:22pm

Financial

Rouble hits multi-year lows on emerging market jitters

MOSCOW: The Russian rouble hit its lowest level since early 2016 on Monday, under pressure from the slide of fellow emer

Published 13 Aug, 2018 12:19pm

Financial

Sterling stuck near 2018 low on dollar strength, Brexit woes

LONDON: The pound languished near 13-month lows on Monday, as investors bet on continued dollar strength and uncertainty

Published 13 Aug, 2018 12:11pm

Financial

Turkey pledges lira action to calm markets

Istanbul: Turkey has vowed to take measures later Monday to calm market fears sparked by the precipitous plunge in the l

Published 13 Aug, 2018 06:56am

Financial

Turkey lira crashes to 19pc daily loss vs dollar after Trump comments

ISTANBUL: The embattled Turkish lira on Friday crashed to a 19 percent daily loss against the dollar, extending earl

Published 10 Aug, 2018 07:42pm

Financial

Turkish lira crashes to record low

ISTANBUL: Turkey's lira has plunged as worries about President Tayyip Erdogan's influence over monetary policy and worse

Published 10 Aug, 2018 11:26am

Financial

Turkey lira loses 5% against dollar, hits record low

ISTANBUL: Turkey's embattled lira on Friday hit new record lows against the US dollar, losing some five percent in value

Published 10 Aug, 2018 07:45am

Financial

Czech crown, dinar bucks risk aversion-driven weakening

BUDAPEST: The crown and dinar bucked a fall in Central European currencies on Thursday as Czech inflation data kept aliv

Published 09 Aug, 2018 03:22pm

Financial

Turkish lira hits record lows as Turkey-US concerns weigh

ISTANBUL/LONDON: Turkey's lira tumbled to another record low against the dollar on Thursday after a Turkish delegation r

Published 09 Aug, 2018 03:14pm

Financial

Sterling's Brexit slide will make Bank of England sweat

LONDON: The last thing the Bank of England wants right now, one suspects, is a precipitous fall in the value of the poun

Published 09 Aug, 2018 01:37pm

Financial

Dollar strengthens broadly; Russian selloff deepens

LONDON: The dollar gained against most major currencies on Thursday as investors bet that trade war rhetoric and a stron

Published 09 Aug, 2018 01:33pm

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.88
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.25
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16
Hang Seng / Dec 27	20,096.01
FTSE 100 / Dec 27	8,137.45
Germany DAX 30 / Dec 27	19,830.60

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Petrol/Litre / Dec 27	252.10
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Diesel/Litre / Dec 27	255.38

Stock	Price
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Trust Sec.& Brok. / Dec 27 Trust Securities & Brokerage Limited(TSBL)	12.71 ▲ 1.16 (10.04%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)
Liven Pharma / Dec 27 Liven Pharma Limited(LIVEN)	124.41 ▲ 11.31 (10.00%)
Nimir Resins / Dec 27 Nimir Resins Limited(NRSL)	35.41 ▲ 3.22 (10.00%)
Suhail Jute / Dec 27 Suhail Jute Mills Limited(SUHJ)	108.97 ▲ 9.91 (10.00%)
Javedan Corp. / Dec 27 Javedan Corporation Limited(JVDC)	63.40 ▲ 5.76 (9.99%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Sanghar Sugar / Dec 27 Sanghar Sugar Mills Limited(SANSM)	21.40 ▼ -2.38 (-10.01%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 27 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Hafiz Ltd. / Dec 27 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Sindh Abadgar / Dec 27 Sindh Abadgar's Sugar Mills Limited(SASML)	31 ▼ -3.00 (-8.82%)
Premium Textile / Dec 27 Premium Textile Mills Limited(PRET)	351 ▼ -33.21 (-8.64%)
Philip Morris Pak. / Dec 27 Philip Morris (Pakistan) Limited(PMPK)	675 ▼ -60.94 (-8.28%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 1.43
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	49,879,145 ▲ 0.02
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.56
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.09
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	25,259,896 ▲ 0.37
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	24,919,441 ▲ 0.48
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	24,889,951 ▲ 0.76
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▲ 0.11
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	18,157,504 ▼ -0.05